Have ample reserves for a rainy day, but those dollars are losing value quicker than cabins going under contract in the Smokies.

It depends on your risk threshold, what kind of deals you can get, and your opinion on the future of interest rates.Personally, I prefer home equity loans (fixed interest, fixed term) in this environment as I have ample deal flow.

If approached correctly (hand picking those with the greatest potential for STR cash flow improvement + best current as-is cash flow), Sedona SFH's between $1M - $2M are yielding gross monthly income at approx. 1%-1.5% of purchase price + renovation, especially after reasonable improvements (Some are completely turn-key but have higher cost, some need $50k - $200k).And I agree with another post that in most areas, this is not attainable anymore.

Purchase price: $1,740,000 Cash invested: $452,000 Buy-and-hold investment purchase of two fully leased 4000sf commercial buildings located within a commercial development, situated along the major highway leading into town with high visibility and ample parking.

For one, it appears as though the scope of this work includes a requirement to attain a permit from the city of Middletown.

Your plan is most certainly attainable if you follow the correct steps and keep learning.

This gives the IRS ample time to get some of their tax back.

Home sold after a bid war of 25 plus buyers become a new reality of day to day real estate transaction that get the stress of buying a home a totally exhausting business, almost un attainable, however here we go. 

Just don't be dumb and not have ample money in reserves (8-12 months of mortgage payments) for when $hit hits the fan and a global pandemic rolls around.

Is 12% easily attainable through rentals without taking cash out of the deal and relying solely on rehab and rent?