Accounting for vacancy, repairs, HOA fees, taxes, insurance, and non-ideal financing, these look like they typically have $100/month positive cash-flow.

If you are always driving for work, will listen to what someone is looking for, and have been doing the research, you are in an ideal spot to birddog and learn and will be useful to someone who doesn't mail.

From what I've learned since that time I've concluded that I'll no longer do loans with that bank because they're far more home-owner focused than investor friendly, which isn't wrong, but makes them a less ideal fit for me.I look forward to continuing to learn from you in the REI world!

The ideal way would be to find a 4 family.

I was able to get $675 a month in rent for the property on a 12-month lease.Mortgage- $246 per monthInsurance- $60 per monthTaxes $1600 per year ($133 per month)I am not sure if investing in downstate IL is the ideal investment because property taxes are high, the state is losing population, and there is very little appreciation.

I do have rental/investment properties in NYC/Buffalo, but wanted to expand into STR and i think Orlando/Kissimmee would be ideal due to it being a tourist hot spot attraction.

I use it for flips, buying properties "cash", willUse it for down payment help on bigger deals or if I deal is great but needs $100k in rehab i have that, and i have used it to build spec homes all cash.

Ideally, I would like to find a builder of modular(pre-fab) homes that helps with financing or has a preferred lender.Any advice for a young savvy investor?

My goal was to use the brrrr method but due to my travels I was finding this nearly impossible as I wanted to do some of the rehab myself, also managing contractors while on the road is not ideal in any case let alone during a first investment.I ended up going with a town home that needed very little work but one that could still give me the cash flow I needed and one that I could see myself moving into just in case thing went awry lol.

Being OOS isn’t the ideal, and I would caution you to try the burbs first.