But this was my first fix and flip and thankfully I didn't lose anything on the project.What made you interested in investing in this type of deal?

What made you interested in investing in this type of deal?

What made you interested in investing in this type of deal?

This house makes me $750/month in completely passive cash flow (I don't have to be a landlord) What made you interested in investing in this type of deal?

As interest & insurance rates have risen, it makes it much harder to meet these types of checks.At the end of the day, people are more fearful than greedy so now is the time to be greedy. 

I almost typed "independently" but there is a nuance stopping me from that, the very issue we're discussing.If the two of you do not have other STRs, as seems to be the case, you only have this one STR to draw the required hours from. 3 material participation tests to try:1.

I also used my accumulated experience here to start a remodeling company, where I helped local homeowners with their projects What made you interested in investing in this type of deal?

Even though we are looking for some type of "float" to the other property with enough cushion we are confident we can sell our NM property to fully pay the loan back, we do expect to do other real estate deals and to also move to the lending side as well.

What type of property? 

I've been a land broker for fifteen years, and for the smaller pieces I work on, the buyers are extremely random and come out of the woodwork, needle in the haystack types.