Create a budget, how much do you have to spend on marketing?

I spend maybe an hour a week on it; I find once you have it set up a natural repeatable process emerges.

You get $30k from some random unacceptable source (friend who isn't family gifts it, drug money, Al Qaeda, sold a car or painting but didn't do any paperwork, you just walk into your bank with $30k cash and deposit it, it makes zero difference in the world, unacceptable is unacceptable).Your balance is $80k.You spend that $30k, doesn't matter on what.

Hey all,So I’m tossing around the idea of buying a STR with the intention of my family getting use out of it.Currently I live in South Jersey and my family travels to Florida a few times a year, In the summer we spend a lot of weekends in Ventnor, NJ and we love the Poconos.

I am a new investor and I will be traveling for work down in Austin, TX but I want to also spend some time on my off days to look at some properties when I am down there.

That way, you only have the GC spending time on places that you have accepted purchase agreements on.

So, you only want to spend X amount per door and achieve Y return.

For example I had one lender allow 35% and another was cool with 70% ...which means a lot more that I could qualify for.That being said, don't bite off more than you can chew and spend it all obviously.

And of course, spending time here on the site. 

I am looking to spend $300-$350 on a multi unit.