Scale Your PortfolioReinvest Profits: Use profits to purchase additional properties or pay down mortgages to increase cash flow.Diversify: Consider diversifying your portfolio across different types of properties and geographic locations to reduce risk.10.

When you say pull your money out of it, would you be paying cash for the property?

Today, we've returned to reality, which is, you've got to work vacation rentals for them to really pay off. 

Dont just go by what you see on their sites. 

If I'd know that I'd be paying it for the life of the loan I would have been better off paying the extra 5% down payment and enjoyed the lower interest rate but I don't recall ever being informed of that or reading it anywhere in my documents.

You may need to have survey performed on the property that might be paid for by you or by the seller or it may be common practice in the area for particular pardon you to pay for it.

Like do some cleaning job, contacting maintenance people, knowing how to pay water bills etc. these are all the basic work when you become a landlord and you need to know how to manage your property first.

But imagine you don't pay cash but rather borrow so your 5k cash/closing-down payment to buy a 100k STR, then in year 1 it rises 2k - only a paltry 2%, but you make a 40% profit as you are levered 20:1, and that beats the best year for stocks ever. 

Now you need to figure out how to find deals and pay for them.

Unless you already have a buyer you’ll probably end up paying a buyer’s broker 2-2.5%.