My plan is to make it rentable and really just give him the profit minus vacancy and my expenses from the HELOC I am taking to make the repairs.

Our financial support demonstrated our commitment to providing the necessary resources for successful real estate investments, enabling a smooth and profitable transaction in collaboration with our partner, Ryan Phipps.

Our financial support demonstrated our commitment to providing the necessary resources for successful real estate investments, enabling a smooth and profitable transaction in collaboration with our partner, Seth Choate.

(And yes, I know the phrase “man plans and god laughs” but this is just some rough approximation for a place to start thinking about this.)

Subscriptions if you're planning to offer streaming services instead of having guests sign in themselves. 

I think the difference between keeping as LTR, converting to STR/MTR, or selling comes down to what you plan to do with the proceeds and how much time you have to work the STR/MTR.  

Wait a few weeks to see what the post office says and then work on a payment plan.

I did not want to manage the house from a distance and had plans to grow a portfolio in TX.

I have been self-taught about investing, retirement, taxes, and various other financial things but have never learned much about real estate investing beyond owning a home and maybe renting it when you move.

.$2M in, at this future time, lightly levered RE.Supposing this is close to what you’d love, one could spit out a financial plan that looked something like the following:- Max HSA- Max 401(k)Use leftovers to go on a shopping spree buying RE at relatively low leverage, potentially on 15 year mortgages, in local LCOL area (which probably also means a relatively reasonable cash flow market)Obviously I’m making a ton of assumptions here and will be wrong in ten places.