When I did my research for buying my properties in Costa Rica, I had one of the big STR management companies like Evolve analyze my potential profits and I used that info to raise money through bringing on partners to buy the properties. 

I'm trying to pinpoint my financial strategy in attaining these projects and HMLs are always suggested to me.My goal this year is to buy my first investment.

Start getting to know realtors in that area and give them a Buy Box you're looking for. 

Hi Shea,It is a residential property and, yes, my strategy is buy and hold.

Have you thought about your investment style-- buy and hold, fix and flip, househacking, passive investing, STR, something in between?

Do you need to sell it in order to buy something else? 

If you could buy it, what would you do with it as an investment?   

It’s harder to BRRRR in the Tulsa area now due interest rates, you definitely have to buy at a great discount in order to be all in low enough toget all of your money out and the rents have to be high enough to still cash flow after all expenses (PITI, Mgmt, Vac’s, Rep/Maint, CapEx, HOAs, Util).Based on being “all in” $120K in order to BRRRR and still cash flow at least $300 mo:$120K cash out amount - at 7%/30 yr ($150K+ ARV)PI = $800 mo + Taxes $150 + Ins $150 = $1100mo PITIRENT would have to be at least $2000 mo- $1100 PITI- $200 mgmt (even if self mng, it’s exp for time)- $200 vacancies- $200 Rep/Maint & CapEx= $300 mo cash flow.

I would prefer something I can buy once - software subscriptions are a nuisance.Something that automatically downloads transactions from my online banking portal and that can be used to easily categorize expenses for financial statements would be excellent.Thanks,KevinHi, Kevin.

He is one of the partner ,there are many others In this partnership,as in, they all pool the money to buy land and build large single family homes .