And it's only been worse each year after.Today, the auction is a great way to overpay for something.

Sometimes when only one bedroom is available, people fake and squeeze to fit and you end up with over-occupancy.It's really a product of your market.

Too many entrepreneurs make good money each year but pay Uncle Sam 35-50% of it.It takes a long time to build a massive wealth snowball when 1/3 to 1/2 of your snow gets chopped off each year.Real estate can help with this.The best model I've seen is:1.

I have a STR in a resort community outside St Louis.

I would look into whether you really need a multi-member LLC at this point. 

The only way that makes sense is if they charge a flat monthly fee but nothing for finding a renter. 

You can't buy a property with a handful of cash (or transfer from a stranger's account) unless the lender can prove exactly where it came from.

You have a very good balanced approach to getting started and it's great you are prepping for the future.

Still a great market if you can find the right pockets.

If you can do a renovation loan with 203k or a homestyle loan to house hack a 2-4 unit multi-family, that typically has the highest potential for equity gain with the lowest cost.