Purchase price: $194,500 Cash invested: $51,000 When we talk about long term rentals the goal is to buy something that people are going to live in 3-5 years with the ability to raise rent over time ahead of insurance, taxes and inflation.

"Saturated" is a bit of a throwaway term IMO - I manage STR's on Oahu and while Hawaii is about as "saturated" as it gets with STR's, people are making great returns on the right investments.

Loan to value ratio: The higher the loan to value ratio (LTV) is, pricing takes a hit.

Then I call a couple more people and get a couple more no answers or not interested and then I get a hold of this lady who right off the bat was very polite very sweet and we hit it off right away.

I know there are many people on BP that invest out of state, but the challenges for doing so are not small.

Loan to value ratio: The higher the loan to value ratio (LTV) is, pricing takes a hit.

If they did open it up like that...it would allow thousands and thousands of people to get VA loans but it doesn't seem to be accurate.

Most people who list and sell their own homes with no experience as an agent crap the bad in fantastic fashion.

Purchase price: $212,500 Cash invested: $50,000 When we talk about long term rentals the goal is to buy something that people are going to live in 3-5 years with the ability to raise rent over time ahead of insurance, taxes and inflation.

@Ivan Aldana so most people seem to be missing an important point.