I don’t think there is a ton of juice in advanced analytics (in terms of selecting houses).

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $168,000

Cash invested: $28,000

Sale price: $245,000

Converted primary residence into buy-and hold in 2020 and ...

I obtained a signed pre-approval from a lender for a short-term rental (STR) investment at 80% LTV.

You might have to lower your cap rate expectations in the short term, but it's worth it for better long-term gains.

Collect your money.Realtor is not licensed to talk about rates, loan terms, legal...

So we sold and put the TAX FREE profits to work here in TX.If your long-term goal is to own 2-4 rentals.

A credible lender will be happy to provide them.Experience: Check how long the lender has been in business and their experience with similar projects.Red Flags:Upfront Fees: Be cautious of lenders asking for substantial upfront fees before any services are rendered.Lack of Transparency: If a lender is not transparent about terms, fees, or the loan process, it’s a red flag.Unrealistic Promises: Beware of lenders promising guaranteed approvals without a proper assessment or offering terms that seem too good to be true.Poor Communication: Difficulty in reaching the lender or getting clear answers can indicate potential issues down the line.By conducting thorough research and due diligence, you can confidently choose a reputable hard money lender that meets your needs.

Fighting against it has been difficult but I've got a wholesaling business started, some long-term investments working well and a beautiful wife now.

*We also own other long term and short term rentals in the area.

Durability in harsh environments, long-term value, and integration into existing neighborhoods are all factors to consider.I'm curious to hear your thoughts!