The barrel is a bar cart on wheels I think they call it which I will use as a wine and whiskey rack which is cheap to do.

Have you looked into sale prices and rental rates?

One thing I do is pull up the rate and occupancy chart right off AirBnB and see what the bookings look like.

If the loan amount exceeds $1M, then rates are in the high 6's to mid 7's. 

Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

So if every year I would buy an assumable rate property and live in it for a year then rent it out and repeat this.

So if a client is at the 37% rate a $10,000 study would only really cost $6,300, and that doesn't even include the state tax deduction if applicable. 

What are the vacancy rates in the area according to AirDNA?

I kept meaning to buy for a few years, but I’ve been simply overloaded with a startup.My current country prevents me from purchasing property (non-citizen), and doesn’t offer fixed rate mortgages - the floating rate is high rate at 7%, and has been about this the last 20 years.

Purchase Price: $585k with a $100k down payment on a 2.7% interest rate.