It is an old home built in the 20s and we have some sloping and sagging floors that were reported in our initial inspection but was wrote off as "probably due to long term settlement" so I didn't do too much more looking into it as I felt anything major would have been reported in the inspection (mistake #1) We have since been living there, and planned on BRRRRing and hold the property long term.

It helps the traveler realize if it's a good fit for them too.Maximum overnight guests: Our property holds more guests than we allow to book.

I would hold onto it.  

Investment Info:Single-family residence buy & hold investment.

I'll be going through a few of our fix/flips, buy/holds  and our lead generation, acquisition, renovation, and disposition process -- good ones and bad ones too!  

I have been a landlord for quite some time while also holding a fulltime job.

Thereby affecting your cash on cash return as well as starting off with negative $19k. i did know that and was willing to take that hit on the chin with new money that comes in leaving the cash on hand pile alone for the year +. with such little down your right it goes negative and with the seller not interested in working with me (hes an owner builder so he can rent it for what i can but his loan is probably half of what mine would be or less) the deal isn't good any more to me unless that 10k concession is given .the idea was the 12k to close and another 15k to hold my side of the mortgage up for the year would still be less than what most people have to pay to get into something like this . was looking at it like 25k total on the year but was doing the math to see what it looks like after the 12-18 months i live there and can rent out both sides.

Find them through Google and meetup.comA good balance for you would be flips for chunks of cash and some buy and holds for cashflow.Two Great reads, I bought both J.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

I am a newbie investor and working on a deal in Dallas area for Rehab, Rent and Hold.