Purchase price: $290,000 Cash invested: $20,000 a first home purchased that turned into a rental through house hacking What made you interested in investing in this type of deal?

@Slaven Slugic, get hurricane shutters for the time being in order to receive the wind mitigation credit for insurance purposes.

When I looked at the property and when I submitted the offer I made it clear that I need the property vacant because we are going to do the work that the seller doesn't have the money to complete.

The would be buyer made ridiculous demands and essentially used a few minor issues on inspection report to terminate.

What made you interested in investing in this type of deal?

We would have to add a driveway in order to operate as a STR.

These same owners get mad when we do not start the project at risk and get mad at us instead of themselves.For internal teams, it would be that there is always so much stuff going on and frequently no person is able to be made accountable for the work that is or is not completed.  

What made you interested in investing in this type of deal?

Those low rates made it much easier to buy rentals and is also one reason why house prices have gone up.

I started with single family rentals and made the leap into a 14 unit multi family.