So many people purchased in the hopes they could get in on the cash cow, but failed to see how temporary those profits would be.

Purchase price: $153,000 Cash invested: $40,000 Recently updated duplex with tenants in place.

But that would decrease my cash flow significantly.

Adjustable-Rate: If you plan to refinance, we can discuss fixed-rate and adjustable-rate mortgage options that suit your long-term goals.Cash-Out Refinance: Once the property appreciates, a cash-out refinance can provide funds for further investments or renovations.Living in the property initially helps you build equity faster.Your townhouse investment is a promising venture.

If it's a good income producing property, you could get up to 75% cash out of the value.

Purchase price: $32,000 Cash invested: $68,000 Sale price: $96,500 REO purchase, rehab and flip all cash. +$28k ROI What made you interested in investing in this type of deal?

That drive is quite a drag, especially when I travel 15-20 hours to Europe and land at midnight and have to drive another 2 hours back home in Sedona.I'm thinking of buying a small condo in a decent area not too far from the airport, that I can also STR while I don't need to use it (which would be 95% of the time) and offset the mortgage with... maybe even cash-flow a bit?

Requiring renter's insurance (separate from your property insurance) is also very important since they typically would not have the cash reserves to pay for a major damage such as water damage, ruined floors, fire/smoke damage, and you will be sued by 3rd parties if something happens to them while at the house if they have to go to the ER. 

For example a buyer of a $500k home with an assumable (existing) mortgage balance of $225k would need cash to close of $275k plus closings costs.

Great paying tenants in place and it cash flows even with my almost 10% DSCR loan.