I've learned that the best way to do it is to start off with a purchase that you yourself will live in.

What is interesting is that my property is booked almost entire February and March which are off-season in Sedona but quite open in April and May which are peak-season.  

With everything rented I would take in about 35k....but that was a long way off.

Hello,Anyone willing to share a source for off market land deals?

This locks in your monthly expenses, versus  HELOC that is variable, and matches well to the long term hold of the rental.I use HELOCs for shorter term capital needs, i.e. flips, or even possibly the acquisition and renovation of a rental, but always with the belief that I will have it paid off in under a year, typically 6 months.  

I am curious if anyone has had success getting midterm renters off of niche sites that cater specifically to a demographic.

If you just want to add real estate to your portfolio and the benefits like cash flow, appreciation, and tax benefits, you might be better off investing passively.

in addition, if you have a flow of off market properties, these often require work and/or have risk, they typically have better cash flow than the MLS market.  

I would get 3 contractors off of google to come and give you quotes and then go from there 

use your skills to find off market and undervalued real estate.there is more to real estate than just rental props.