Financial freedom requires:Your rental income must increase faster than inflation so you will have enough money to cover inflated costs in the future.

If it cost you say $50k to build out a detailing space and you receive $600 monthly rent double net then you’ve got a 14% ROI.  

In Indiana, it's 28 days, but I think that is the general cut off because the guests would start having tenants rights after that mark. 

It's not about winning at the cost of others; it's about finding solutions that work for everyone.

We will come in and implement our proven management blueprint to increase the NOI.

Factor in property taxes, insurance costs, and maintenance expenditures to ensure your investment aligns with your financial goals.Take Advantage of Financing Options: Explore FHA loans for owner-occupied properties or conventional financing options tailored to multifamily investments.

I can't recoup the cost of a 15K hot tub replacement by raising rents really high.

Or did they just have the funds in the bank to cut a check?

Mid-priced cabinets at Ikea are perfect for a STR and would help lower costs for you!

You will also have added costs because the primaries that are currently mortgage free will now have mortgages.