You’d be shocked by how little actual screening many PMC’s do!

If you just sold the property after building equity then put that money in the S&P 500 you make way more money.

My goal is to own more rental properties, and was wondering whats the best strategy to achieve this, with regards to what to do with monthly excess money. 

The summer would make the most money and I would have missed this summer’s income since I haven’t purchased the STR yet. 

If the washer and dryer is actually in the one unit, then I would only have that unit be able to use it. 

What is the best tool you use as a real estate entrepreneur that would have saved of a lot of time and money at the beginning of your journey?

Given that you'll be moving states and living in it as your primary for a couple years, I would finance as much as possible using a purchase money first mortgage.

I have partner 50/50 with new flippers, but they put half the money into acquiring the house and repairs, and I pay the other half but I use my crew to do the flip. the other person needs to have skin in the property otherwise, I just pay them a wholesaling fee.I recommend starting by using a hard money lender, as they will take risks when someone is new, and they won't lend you the money unless they feel confident the deal is good. so you are confident you can be successful.you may pay some hight interest rates, and points, but at least you know you may make money at the end 

They put the money down and you do the work (finding the deal, overseeing rehab, maybe management) and split the equity.

Hello, I am in the process of securing my first hard money loan.