My wife and I can’t wait to start this journey with our family!

Or would I have to wait a longer period of time before I could get rid of the house?

For me the cost was going to be thousands of dollars for each of them so I couldn't justify it for my project.As for under-grounding electrical, most licensed electricians should be about to do it if you have plans.

We know our own area well, and can almost always find deals that we'd like to pull the trigger on, but until we accumulate more cash, we can probably only purchase another $100-120k in property before we slow down and wait for our debt snowball to catch up (pay down the HELOC and eliminate the cheapest mortgage to open up standard financing options again).Here is the conundrum: Another local long term rental (or two) would be a great decision, BUT a beach house sounds like a lot more fun.Specifically, we are 2 hours away from Panama City Beach, and we are curious to get into a new type of real estate.

Bide your time until the market levels off or deflates a bit and wait for overleveraged people to be forced into selling.  

Hi guys hope you all well and growing your business.I usually buy single faimily homes from the auction at low price since they need tons of rehabs (the ones I pick), Im trying to implememt the BRRRR strategy, contacted couple of banks the problem is since Im trying to refi in less than a year they would give up to 70% of the purchase price and no apprisal at this stage (onw bank offered 3 months delayed purchase I think thats whats called but not sure).The problem Im having is they depend on the purchase price which is low as compared to the ARV and wont send appraisal till 1 year and I neither have lots of cash to keep in one or two deals and wait for one year nor do hard money.Trying to refi as soon as Im done with the rehab if possible which most of the time takes me 1 month max on average size house.Any recommendations would be appriciated.Wish you all the best of luck. 

I will wait until end of the year to re-valuate.

I can't wait for his new book (Hacking Finance) to come out about the end of April. 

If you buy based on perfection happening to make the property work you are setting yourself up for disaster.I would rather buy NOTHING and wait for the right property then buy just to feel like I am doing something.

I can't wait to get after it and meet as many of you as I can.