I've been interested in purchasing an investment property for several years, and honestly, pitching a STR unit on or near a lake was a much easier sell to my wife than a traditional rental.

The $55 tax that is paid every year on a 15 year old car probably cost $40 to collect when you figure fully loaded overhead. 

Overbuilt MFH, the vast majority of STRs being converted to LTRs in the past year due to law changes, and rent amounts are currently outpaced with what properties are selling for. 

We have a one year old daughter who keeps us busy and we love playing sports and spending time outdoors with our free time. 

I managed to complete college in three years and really launch my business.

I know that LH’s get a bad reputation, but with the leasehold till 2050, that’s 25 years of possible excellent cash flow, It’s attractive to me to invest in from that perspective alone. 

Hello, I am new to Real Estate investing world, and have been educating myself since summer of last year, and been to only one local REI meeting and currently enrolled in a very good online course mostly on how to wholesale properties, but still have not pulled the trigger yet.

Over the next year or so, I plan to learn as much as possible while also connecting with people in my area to gain a better understanding of the market and opportunities.

Without knowing more about your situation, I'd stay in the condo for 2 years and THEN move out.

I have been in the Real Estate game for over 20+ years as a licensed professional.