Purchase price: $168,000 Cash invested: $28,000 Sale price: $245,000 Converted primary residence into buy-and hold in 2020 and sold in 2024 when tenant left and partners needed to go their separate ways What made you interested in investing in this type of deal?

They are wondering if they should purchase two rental properties with $150K down each so will cash flow, or purchase one higher priced rental and put the entire $300K down.

Superficial Improvements: The focus on aesthetics might mean that only visible areas are improved, while critical but unseen aspects like plumbing, electrical systems, and insulation are neglected.5.

Here's the scenario -- we lived in our first home (3/1) for 15 years and during the pandemic cash-out refinanced at 2.7% 30-year fixed (have 28 years left), knowing we'd need to spend a lot to either rennovate or use as down payment if we moved.

It has a strong potential for cash flow.

We are from California and looking for investing in STR for tax purposes and good cash flow.

I have 125k cash and own some land outright worth ~100k. 

MLS, cash offer no contingencies.

Are you cash flowing the property?

Use an inspector to perform a building inspection that checks all of the components of the home including the electric, plumbing, foundation, windows, roof, hvac, water heater and other appliances.6.