Due to the nature of the shorter lease terms, I am spending an excessive amount of time updating my Excel spreadsheet, MLS, business website, Airbnb, VRBO, and other platforms.

These can be great for making initial connections and learning about specific markets.Since you're thinking long-term, consider spending some time in your target markets to build relationships with agents, property managers, and contractors.

We also had the option of another type of policy that was even less expensive that would have required us to spend at least 1 night in the house and rent it at least 30 nights each year.

To get started with fix and flips, first define your criteria, including location, property type, and budget.

Even at that threshold budgets are tight. 3.

Frankly I would be less excited at spending any kind of money on a place that I don't own.

It is easy to spend thousands of dollars in marketing and have nothing to show for it.

After buying these new rentals, he will still have about $90k in cash to spend on upgrades and furnishings.

Personally, I'd spend a little more if I knew there was significant value add there.

Spend the time, make the effort, and (hopefully) reap the rewards.