It sounds like the cost to entry is pretty low too, which is great to learn.

Marlboro Drive deal using its own capital, covering the $370,000 purchase price and $20,000 in renovation costs.

What have been your experiences so far, and any hidden costs that you did not expect managing investment properties? 

How much do the repairs cost and how much would it change the ARV afterwards, if you sold it? 

You have found the location and the property type of your STR, you know the regulations for the area you are buying in, now it is time to find out what your buying power is and look at the numbers.

I used this strategy a couple of times and is really powerful to take advantage of a lower interest rate and lower down payment. 

I have a nice down payment as was gonna offer a potential subject to if i paid their profits/ closing costs...but can you subject to a loan not in bad standing/ FHA?

Purchase price: $680,000 Cash invested: $510,000 We funded this loan in 48 hours. 75% loan to cost.

Do you want the seller to pay closing costs?

The Reality is stuff costs money.