I keep doing the numbers on properties purchase price of 800k-1.1m and monthly profit after management fee, mortgage, etc comes out to be on the lows $500-1000 any tips?

So it's a balance of hassle factor and wealth building.

For Ram, the net-0 cash flow in early month's/year's is a non-factor.

Airdna doesn't factor in what you pay for management and cleaning.

Damn - so new builds going for 50k less than yours, plus realtor fees when you sell - looking at 6% so 25-30k.

There are a number of strategies, terminology, and market factors to understand.

It is a literal cost to the lender - and most of the loan documents I’ve seen (done professionally) say that a borrower will repay fees incurred by the lender to safeguard the property.

The X-Factor to Owning a HomeLastly, the intangible, which is up to your personal preference and lifestyle.

Sitting down and strategizing goals would be step #1, writing them down and committing would be #2, and I think #3 is figuring out the most cost effective way to get it done would be the propelling factor to making it happen.Good luck!

They did mention a retainer fee which I am guessing the normal 8 to 10 percent of monthly rent.