I'm sure this was not comfortable or fun to spend this money for the fixes but the fact that you were able to find a way to do so and stay in the game is really a feat so kudos there!

Start where you are most comfortable.

There are companies out there who handle the entire process for you from top to bottom so it can be a very safe, comfortable investment that's seamless for you.Feel free to reach out if you have any questions.

However, you are always going to need to reinvest cash flow into your properties to be able to maximize their value, or reinvest cash to to new properties to maximize your wealth over time.  

The property is in a B-class neighborhood, and while I’m comfortable managing coliving setups, I’m curious about any potential nuances around refinancing and insurance for this type of property.Are there specific loan types or lending policies I should know when refinancing a rent-by-the-room property?

Where do I start;  how do I find the right properties; what to look out for; what outlets do you use to ensure you don't pay too much for a property; what strategies should people in their mid-40's use to maximize the probability of success and profitability; etc., etc., etc...

Wholesaling is definitely a learning process, but here are a few tips to help:1.Build a reliable list of cash buyers.2.Research the areas you want to focus on.3.Get comfortable with contracts and paperwork.4.Focus on negotiating great deals with sellers.5.Stay organized and keep track of your leads.6. 

@Maria JeanetteTax Advantages: Income and gains grow tax-deferred (or tax-free if using a Roth SDIRA).All Costs Through the IRA: Expenses (repairs, taxes, etc.) must be paid from the IRA, so ensure it’s well-funded.You might also want to consult a CPA or attorney experienced with SDIRAs to ensure compliance with IRS rules and maximize benefits.Best of luck!

Just had my current LT tenant commit to another year so we will reevaluate again towards the end of 2025.GregI was thinking you can alternate between STR and MTR to maximize the ROI.

I thought 1 per year was enough to push me out of my comfort zone, but also not too much to overextend my finances.