Try the numbers with a LT rental but don’t hold your breath.

Goal of 6 properties in total (including personal home)2016The plan: Ramp up my purchasing schedule - having built more resources, developed a level of comfort and understanding of the processes of deal finding, purchasing strategies, and other aspects of buy and hold investing.

Starting my journey in Real Estate, focused on buy and hold multi-unit properties in the CT and FL states.

Getting started is the hardest part of anything, but it sounds like you already have experience renting, holding, and managing property.That's one part of the BRRRR process that is no longer a mystery for you and I think that is awesome.If there are prospective deals that you are considering and would like some assistance for reviewing the numbers, that is one of my favorite parts of being a lending partner.

I'm hoping to get some first hand experience on best practices to implement this succesfully.

What are other options to buy and hold while recycling my cash and not getting too deep on negative cash flow?

They hold a Raleigh meeting every month, and it's one of the best-run REIAs I've been a part of.

FTL is a great area so I recommend holding for a while if you can.

Go look at similar listings (size, amenities) on Airbnb or VRBO or wherever you're listed and see what the cleaning fee is for a 2 night stay.Some day you may wish to hire a cleaner, and it will be a rude awakening if you were artificially inflating your occupancy with no cleaning fee and all of a sudden have to add a cleaning fee.On the other hand, while you're still starting out, getting a lot of bookings and reviews right now is the most important time to do it.

I'm on my second project, first was a single unit buy, fix, hold & flip in Antwerp.