Congrats on the purchase. Red

Purchase price: $237,000 Cash invested: $11,850 Converted my primary residence to a Cash-Flowing Rental Property to a Section 8 Long-Term Tenant in a Class B neighborhood.Purchase in Sept 2019 Purchase price: $237,000Cash invested: $8,900Converted the Game room and Office room to a standard bedroom to make it a 6-bedroom 3.5 bath which increased the monthly rent from $2,400 to $3,215.

This will help you understand the qualifying requirements, key factors to consider when purchasing, and how to assess whether a property might be a good investment at first glance.

It has two units, but the house is only a legal one family, looking to possibly purchase it and live in one of the units and rent out the other, one as a Airbnb or just as a regular rental would need to get some kind of financing to make this purchase by being only a legal one family a conventional mortgage I think would be out of the question.

Hello -  My husband and I are experience real estate investors, with several LTR/MTR/STR located in Ohio and Geogial,    in 2022,  we purchased a seasonal boutique motel in Western New York.   

I had no idea who we were working with as I was lead to believe it was one of his clients from his tax business.

Purchase price: $282,000 Cash invested: $120,000 STR buy and hold with renovation for value add.

Purchase price: $360,000 Cash invested: $75,000 3b2b made into a 4b2b.

While purchasing under market value is a great opportunity, stretching your budget too thin can add significant financial stress, especially during the renovation period.

Purchase price: $325,000 Cash invested: $2,485 Long term investment.Hey @Kevin Gamboa.