There are a lot of boarded homes, which I believe to be mostly owned by investors with deep pockets, waiting for a long term appreciation play (another 10-15yrs i'm guessing).

I feel like most of the first ones I ran the numbers on were so deep in the red I thought I'd never find one that made sense.

, but there was always a line of buyers with deep pockets.I can't remember the exact numbers on this place, but it is interesting.

But I am in so deep I would rather just make it happen here and find an investor-minded and thorough agent & lender next go around.Off-market is what I am trying to learn more of.

If you do a good job furnishing, great photos, and have competitive pricing, you should have no trouble maintaining high occupancy even during slow seasons (oct-feb) Airbnb is my jam.Regarding diving deep into the numbers, I will message you a link to Chris Lopez' house hacking spreadsheet @Kevin Smith was mentioning along with some deal analysis videos on local house hacks.

You could stretch your capital much further by leveraging that capital.Personally, to mitigate risks and make it more approachable I always recommend starting out and going deep in your neighborhood market.

I have updated the following to the property:- Ripped out carpeting and installed Vinyl Flooring- Refinished all bathtubs and sinks from a deep green to a bright white finish- Fresh coat of eggshell white paint and high gloss on the trimI have learned so much from this first property that I wouldn't have learned without the experience of just jumping in!

I have updated the following to the property:- Ripped out carpeting and installed Vinyl Flooring- Refinished all bathtubs and sinks from a deep green to a bright white finishI have learned so much from this first property that I wouldn't have learned without the experience of just jumping in!

I have been thinking about this a lot lately I really don’t want my tenants to know I own the property for safety reasons a lot can go wrong with that because automatically when someone finds out you literally own the property they staying in they will either bother you none stop or they assume you this big time millionaire because you own real estate which can lead to plotting, I’am a real deep paranoid thinker 😂😂 I always assume for the worst.

I am getting prepared to start deep diving into getting financing for a multiunit rental property.