I know that is not always the case.Selling anything right now to have to buy another primary doesn't appeal given rates now vs. what we have, but to your point we might be able to do more with that cash vs. just leveraging equity & financing.I'll run some numbers and happy to share with more data.

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We really stretched ourselves thin. we did not perform our own inspections because we were busy raising finances .. and our agent insisted we use the same company who did the initial inspections to “get a report in our name” .. we went for visual inspection with our agent and found the master bathtub was  upside down — they said there was a chip and seller was fixing the tub.

The Pocono region is a fantastic choice for an STR due to its appeal to tourists throughout the year. 

In this couple’s case, painting the house white and adding a bedroom were game-changers.Prioritize high-impact areas like the kitchen and bathrooms, and add to the home’s curb appeal.

The strategic location and low renovation cost made it an appealing investment opportunity.

The strategic location and low renovation cost made it an appealing investment opportunity.

Additionally, Parma's proximity to Cleveland enhances its appeal, offering easy access to urban amenities and employment opportunities without the higher living costs associated with larger cities.

Fast forward to yesterday(appraisals are done, waiting on underwriting) after a text from the realtor about signing a document that says I'm okay with him representing me and the seller, I called him and brought up the fact that I'd looked over the purchase agreement and the rental agreement and nothing was stated about the rent increase, but it was clearly stated that ALL rental income even prepaid rents (the warehouse was paid in full up front) would be prorated to the buyer (roughly 2200/month)I'm at a crossroads on what to do, part of me wants to just ask for earnest money and appraisal fees back and walk away, but the cashflow of $2300 (current rents not counting warehouse) on a $105,000 property just seems to appealing to walk away from, what do the more experienced investors than myself think

The strategic location and opportunity to enhance the property's value with minor improvements made it an appealing investment.