Helps reinforce good work habits in my business. 

My two cents but the ship has sailed for short term rentals in this market.

But almost all of my worst stories come from section eight.

Mortgage Balance: $60,000 Monthly Mortgage Payment: $1200 Current Rent: $1950/month (below market rate, with potential for increases upon renewal) Appraised Value: $325,000 (purchased for $188,000 20 yrs ago) Managed by a property manager Loan not assumableHere are my options:Option 1: Keep the property and buy out his 50% of equity, which is about $235,000 for property A, $132,500 for property B.- Mortgage: It is an assumable mortgage.

I'm always looking to connect with other investors interested in my market.

My short term goal(s) in the next few years are to have 4-5 properties (long term), as well as a multi family home.

Based on what my real estate agent thinks that this quote will be, roughly, and the after repair value, it looks like I could buy this property in cash, spend a month or two fixing the damage, and then put a mortgage for roughly 1.6x what I paid for it and thus have a cash flowing property at a few hundred dollars per month and a little more money in my bank account ready for a down payment on the next deal.

But I’m thinking of getting into STR investment and become more active.I’m a complete newbie to short-term rentals (STRs) and eager to wet my feet in this area.

I'm looking at doing my 1st mid term rental, do you have any advice for getting it leased?

Since then, home prices have risen quite a bit - more than double for our condo - and my son is graduating in May.