With that, you could put 20% down on 3 more 200K properties (40,000 each) and still have 10K for reno and prep on each of the properties.This is just broad strokes - and the devil is in the details - but it helps you see, as @Joshua Janus has explained above, how your pace can be accelerated.

So filing isn't the main source of their income, it's a more broad approach.

Both lenders, particularly the conventional mortgage lender want the borrower/buyer to have personal capital “skin in the game” invested in the transaction3. 100% financing, if obtainable, usually result in negative cash flow, which means capital out of pocket from the owner each monthThat being said, “nothing down” purchases are done, but this depends on the definition of “nothing down”.

And than work for last phase of addressing the long game together such as other room-mates etc.. 

I had a duplex that I sold in 2021, now I’m getting ready to get back in the game.

I'm interested in getting in the game now and then a house flipper contacted me and everything he was pitching to me to recognized from the book.

Would love to connect and hear more @Erin Fulton, I personally just started STR/MTR game in Austin and suburbs last year and would love to hear your ideas and strategy

That’s awesome, I am more in the south Florida area, Miami specifically but not far from spring training games. 

Robert, when I analyze the potential of a STR I use Airdna for a broad idea of what the surrounding area is doing, then I dive into the actual comps on Airbnb/VRBO to compare my property directly to what is in the area. 

If you put your money in property, it is all about playing the long game because real estate investment is a smart way to balance your financial portfolio.