I've been thinking of purchasing a lot to build a 3 unit building made out of shipping containers.

Hey y'all, I have a recently purchased lake home just east of Kansas City.

Purchase price: $275,000 Cash invested: $80,000 Sale price: $450,000 This beautiful renovated home near Washington DC promises warmth and comfort.

We have enough capital now to purchase a property and and we are blessed to have capital left over every month as well, which we typically invest in CDs.Here are our current options: 1-Buy a turnkey place that has nothing to do with mom for cash flow of $200-300/month plus potential appreciation, overall ROI of 15-20% 2- Ask mom if she would move closer to us in San Diego, buy a small place here, have zero cashflow but at least we have another property in a great appreciating market and are no longer spending the $800 on her rent3- Buy a place for her in Orlando, same scenario as above but obviously a lesser mortgage since its FL and not CAWe found a great turnkey company we liked so if we do option one I think we will use them, but it just feels like if we do that we will still be tossing away what we currently pay on her rent. 

The recent high inflation rates over the last several years have increased my income and equity beyond my initial projections at the time of purchase.  

I recently purchased a property in Sacramento.

I have been looking into making my first investment property purchase (SFR).

I rather fix the damage, have the neighbors insurance pay for it, and find a new Buyer once the issue is resolved.The important question is: After I say NO to the requested discount, if the Buyer decides not to proceed with the purchase, would the Buyer be entitled to receive their earnest money back or should I?

I'm looking to purchase my first short term rental in an expensive market and was wondering about how many people are able to manage their own properties even potentially clean, fix them.

@Stanley Smeltzer there is also a 3% funds to use based on the purchase price if you are going to live in the property.