I disagreed based on my personal journeyI didn't have the money to invest in real estate, like buying a rental or even doing a fix and flip, my credit was horrible, and I could only saved $125 a monthSo I started wholesaling, and I was able to create a bunch of cash in 12 months and become great at finding deals.Then, I decided to start doing fix and flips, then rentals later on.I didn't come into the business to make quick cash.

It seems like selling and renting is the biggest wealth builder in the end Rent in a lower cost area with a lower monthly payment and use the difference gained  to invest in the stock market ( which would yield around 8 percent) Keep the primary and hold it long term ( average appreciation in california from what I could see is about 5 to 6 percent if you look back in time Keep it as long term rental ,it would rent for $3800 current mortgage is 6150 $ - doesnt seem smart to me Let me know if you need any more details in order for you to give me a better answer or insights 

you have to put the work in with the remodel either way but if they're high-end condos you can sell them each for more than the property as a whole and make more in one transaction than you would on a cashflowing rental

Trying to keep it as long term rental, I'm getting 5/1 arm starting at 7.4, also 75% interest only 6.8%.. what would be the best deal to get out of the HM?

They will know where the demarcation is for county vs city regs and zoning.The city of Ithaca seems to be considering regs - https://www.cityofithaca.org/770/Short-Term-Rental-ResourcesPlus it seems that it was passed in April - https://ithacavoice.org/2024/04/city-of-ithaca-short-term-re...

I'm particularly passionate about getting started in mid-term rentals in the Northern Virginia area.Outside of real estate, I enjoy any type of outdoor activity and physical exercise.Excited to learn and connect with you all!

Unlike your rental, my rental is in Orlando in a gated resort, so there are less outdoor space but lots of community facilities.

So the OPM thing does exist, but it requires the organizer to pitch people on a fixed APR with interest only payments disbursed monthly.

Hello Everyone, I have a rental property (single fmaily home) in Santa Barbara County, CA. 

We currently own two rental properties (details below) and are ourselves renting a place to live in ($2350/month).