Let’s dive into the pros and cons of each.

With downpayment and closing costs, it came out to $27,112.

@Gian Harris every state has their own requirements.MOST do NOT allow a simple transfer or recognition from another state.You should be contacting each state's real estate board.

Looking to do some deal analysis to gain some experience and then on to my first deal.

Same for on or off market deals you buy for yourself.

Leveraging creative financing methods like hard money loans, private lending, or partnering with investors can also help you secure deals when traditional financing is delayed or limited.

The interest rate on the triplex is 7.5%, but because I took out a construction loan to help offset renovation costs, my lender says the ARV was already baked in, and a refinance would not make sense on that property either.

Purchase price: $95,000 Cash invested: $175,000 I worked this deal for 10 months until finally got it.

In the process of growing, we've reached out to existing STRs and LTRs to see if anyone was willing to do another arbitrage deal as we save up for our next purchase. 

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.