Ian, I'm all about creating long term cash flow.  6 is more than 4. 

If the underlying terms are extremely favorable and the principal large, maybe. 

Keep monitoring the market and working closely with your property manager for the best strategy.

It's the kind where you're sitting behind the pedals instead of above them - I'm sure there's a technical term for them.Anyway, I started studying and/or reading while riding and actually find myself going for an hour or more at a time and not even realizing it.

Getting into the story behind this one..This deal was sourced from a large corporate wholesaler (no names) Originally listed as 179,999 as a "wholetail" deal with an "ARV" of 250,000 I walked the house and estimated it needed little in terms of repairs, though I knew a realistic ARV was between 215-230 However, there were tenants in the house without a lease agreement with the current landlord.

Are you looking for long-term tenants to occupy the entire home?

Together, we negotiated favorable terms with the seller, ensuring a beneficial deal.

I have been renting rooms in my home as mid-term rentals and have experience in that area. 

The Fed recently adjusted its short term projection to one quarter point rate drop for 2024, though it had earlier predicted as many as three drops.

Looking to start in Memphis buying long-term rentals or flipping.