Note that once you "stabilize" a property... replace the older stuff in the first couple of years... then your average operating costs are going to go down significantly.

I also just came across another 4plex in the same area that is cashflowing just over $1000 after all operating costs.

There are several ways to achieve this though, and you can check out this article to learn more.The fourth pillar is somewhat similar - you want to separate your operations from your assets.

You should use either check out this article to learn more.The fourth pillar is somewhat similar - you want to separate your operations from your assets.

Initially the profit was not that much higher on the STR than if it were a LTR and we had periods (including the Great Recession) were we converted back to LTR during the school year and only STR during the summer.Today the STRs are virtually 100% occupied year round and bring in significantly more than they would as LTRs. 

Run a virtual business where you operate primarily over the phone/online.

I feel wine country real estate operates just a little different than the rest of the Bay Area.

If you are attempting to simply work the renovations in over time, you run the risk of the rehab budget conflicting with your operating budget.

My wife is a stay at home mom. She is experienced working from home for a cell tower business. She was a teacher before our babies came. She is looking to gain insight on being a VA and is wondering more about the job...

I've done a little research on virtual assistants, but am wondering whether anyone has had experience with this that they could share, or if there are any platforms that anyone would particularly recommend.Thanks for your help!