Otherwise, Incline Village & Crystal Bay are one of the easier places to purchase and run a short-term rental.EAST SHORE, NEVADA - DOUGLAS COUNTYThere is a 600-permit cap, as well as a limit on density (the total percentage of STRs that may be permitted) per neighborhood area.

Purchase price: $19,000 Sale price: $20,000Got a lot under contract for $19k in Port Charlotte, FL.

My wife and I work together to purchase and manage our rental portfolio.

Usually the lender on your new purchase mortgage will allow cash out proceeds as eligible down payment contribution (provided the DTI work).

The properties have been appreciating since I started purchasing them in 2017

Next I'll be reading Real Estate by the Numbers.I plan on purchasing a property toward September/October 2024, so I'll be learning, networking, and getting things started until then :)Thanks for reading and looking forward to contributing to this amazing community!

@Luka Milicevic They can liquidate the cards for you (for a fee of course) so you can make purchases with cash.

Purchase price: $430,000 New construction. 5.99% interest with a 5 % down.

As others have posted here, there is little recourse (other than litigation) for a business "partner" who breaks a contract, or worse, who intentionally defrauds others in the name of "real estate opportunities."   

I also retired my mother with STR property purchases.