I do...bought two (I think) in partnership, sold one cash, sold another on a note.

It’s late, and I’ve had a long day and a glass of whiskey.

Profit from #1 pays for down payment on #2, then the cash flow really kicks in given your underwriting.

Build the capital first and invest using cash (MY advice)

Now that the market has turned rather south, recency fallacy tells us "short term rentals won't make money anymore, because they didn't this last year."  

I’ve not done any creative financing or invested out of state or short term rentals or fix and flips. 

Overall, how long do you spend in deal analysis for each property, and how many properties do you review before making a decision?

@Jon K.The average return is not the same as an annualized return, as it ignores compounding.Your calculation takes compounding into account.https://www.investopedia.com/terms/a/averagereturn.asp#:~:text=Key%20Takeaways-,The%20average%20return%20is%20the%20simple%20mathematical%20average%20of%20a,return%2C%20as%20it%20ignores%20compounding.

Hello All, what are desirable locations / zip codes in Boise for investments in short term rentals / airbnb friendly investments ? 

Short term rental or renting it to a family long term?