If that's the case, I'd save a lot of money and time and just buy one of the books available (some here  on BP).

Am I making sense?

Not a B&B investor but the rule of thumb is make sure it works as a regular rental first, then everything beyond that is gravy.

When leveraging money, you can see much greater returns from appreciation. 

You can literally do less work and make more money.

If you already have a loss, cost segregation can make it a much bigger loss. 

He earned quick money as a wholesaler, and I have a house to keep)Rehab cost: $20k (vinyl floor, interior paint, new dual pane windows, new toilets and bathroom vanities, lights, new landscape, new AC condenser, all done by handyman, spent some extra money for minor plumbing and electric jobs, hydro jet sewer lines, clean up attic (had mice), added some insulationTime spent: 3 weeks (two handymen for the first two weeks, one for the last week)Value after repair: probably around $440kJobs still need to be done later: some dryrots, roof work (it's tile roof, roof doctor quoted me $9k, handyman said probably $5k, home inspector said $15k you can get a new shingle roof.

If those numbers are correct for MTR, I would do that as long as you can until it doesn't make sense or you get tired of running it (if you are doing it on your own) and save up as much as you can as you said you plan to do.

At the end of the day, it's about the money they're pulling in every year. -- The last client I had with an up-down house-hack near downtown Littleton did a mix of short-term rentals and midterm rentals.

Hi everyone, I am 23 years old and currently make 60k yearly after taxes.