Again, the BiggerPockets store has some books on this topic, or you can learn about it by watching podcasts, reading blogs, and interacting on the forum.

I’ve met some good folks on BP and there is almost everything you are looking for on here.

Purchase price: $50,000 Cash invested: $35,000 Sale price: $121,000 Contributors: Peter Vekselman Partner Driven and Kody Higginbotham purchased the W 10th St property in Crowley, LA, for $50,000 on 8/27/2024.

I would only cut trees that are so close to the foundation that the roots may push on it over time.

Pulled this together for a RE Investor meet up on how "today's tech stack" is breaking down historical concerns of STRs being a time-suck for RE Investors when looking at either purchasing properties for STR deployment or evaluating assets for STR usage vs other strategies.

Vu's comment about a preflight checklist is spot on.

its those dreamers that get hoodwinked by fake lenders that tell them what they want to hear just to get some non refundable due diligence money up front on deals they know will never go because the borrower is as you describe or the property aint worth it.

Do you think your insurance policy will cover you on any liability when they find out you are not running a legal operation?

That’s not a lot of tax savings but it does give you $68k so you can put down 10% on your $650k home.

I have a few thoughts on the above neighborhoods...