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Current situation: We currently own a duplex, a short term rental in the Smokies and a primary residence.

As long as it was clean and in good shape it was going to move.

I ended up going a different route but this is as good of strategy as any depending on the terms on the SBLOC.

It's an excellent addition to David Green's book "Long Distant REI".

Owning property in Germany can be a good investment, but it depends on various factors like your long-term plans, market conditions, and personal preferences.

You'd likely need some help navigating the short term rental permit process.

Purchase price: $285,000 Cash invested: $40,000 purchase Price $285kRenovation Cost $40k (on budget)Renovation Time: 41 daysARV: $425kIf you are looking for a long term or short term rental in old town alexandria or just a small / tiny home primary residece with NO HOA right on King Street, this is your home.Contact with questions, interest, referrals of anyone you think might love it. more photos will be uploaded soon.

As a short term rental investment right now it is definitely not the best choice.

Adding to the confuse is the misuse of the term flipping, which as it is used today is actually “fix n flip” or “rehab and sell”.