From helping a widowed mother get a fresh start for her and her kids, to the MILLIONS of dollars in assistance we acquired for residents to stay current during covid...

In my opinion, having bird dogs is a MAJOR advantage to an investor.Alex, I was looking at it from a wholesalers perspective.

I can offer a unique perspective.

Also, having the perspective and looking back at rent growth and appreciation from your own personal experience rather than reading about it makes you realize this is not as crazy as you thought it is.You have to grow your portfolio wide (units), before you grow it deep (equity).

Using a turnkey condo for short-term rentals on weekends while reducing your commute could be smart, as long as STR income covers costs and local regulations allow it.From tax perspective, if you personally use the STR as you intend, you cannot create losses under vacation home rules.

@Max Bellino,I understand your perspective.

You are a typical internet anonymous troll who pops in and out and sauces the forums with their perspective and looks outward and not inward.

Throw in a dose of imposter syndrome and fatalism and you have a recipe for some mood swings right before a property is booked again.From a practical point, I would recommend great photos, a clearly defined target to whom you are advertising and understanding the best pricing of an area really well to ake sure you get booked in a timely fashion.From a more meta perspective, be aware that these listings don't typically get booked well in advance (families displaced by flood or fire, traveling nurses who need a new contract ASAP, and construction projects that realize they need a speciality engineer on-site RIGHT NOW don't book ahead). 

If it’s just cosmetic, like a fresh coat of paint or minor fixes, it’s probably worth it.

By taking the equity from one property and reinvesting it into another, you can continue building your real estate empire without constantly injecting fresh capital.Why BRRR Works for Real Estate InvestorsThe BRRR strategy allows investors to grow their portfolios faster because it leverages the property’s equity to fund future deals.