Purchase price: $510,000 Cash invested: $195,000 Purchased a 4 bed 2.5 bath townhouse in Winnetka, CA in June 2023 as my first investment property.

I know that poses a challenge for me when it comes to comps in preparing the numbers for an offer as well as making sure I g wet as much cash out when I refinance.

Bigger Pockets is a great place for education and networking and is full of great content.I recommend that you check out the following resources:1.

We did not have the properties deeded in our name but have had rented out the property for 2 years and that's included on our taxes.

There are pros and cons to long term and short term from a rental management side, and purchase/acquisition.Long term = lower vacancy, lower expenses, potentially lower revenueShort Term = higher vacancy, higher expenses, potential for higher revenue, financing is more expensive than long term rentalsWatch out for local STR regulations, they vary from city to city.

They’re likely filling out multiple forms like this, and if yours is cumbersome, they’ll move on.

So, I'm looking to start out of state - looking in Birmingham and Montgomery, AL, primarily.

we have around $200k in cash and looking to invest in the US (we're Canadian) a bit lost any advice would be appreciated. 

The offer of seller financing suggests they want to offload risk while getting some cash flow.

From what I've read, all I need to do is fill out a Quitclaim Deed, sign in the presence of a notary, and record it with the county clerk where the property is located.