If you ever need any advice on financing or investment strategies, feel free to reach out.

Purchase price: $90,000 Cash invested: $40,000 Sale price: $1,650 This 100+ year old, 3 bedroom home, is ready for new owners to bring it back to life.

Purchase price: $90,000 Cash invested: $40,000 Sale price: $1,650 This 100+ year old, 3 bedroom home, is ready for new owners to bring it back to life.

I am looking at single family homes that I can get for around 80K, rehab and then rent out.

There are good areas for rentals in pockets all over town so don't think of this like a big city where you might have to narrow down your area to one suburb or specific area of town.

However it is not typical or common. 

With the recent episode of BP covering this topic I'd figured it be a good idea to start a thread for all those curious here.

It's a 15 minute drive from the main highway (i.e. not the most RV friendly drive).

Strange experience... went to redfin to see what it says about my property... virtually nothing there but then my property typed out with (unit) #2 shows up with all my details.

The STR deal could be the best option if I understand your situation correctly, except I would probably do this as a cash-out refi and just use the combination of booking history + AirDNA projected income to qualify (if not operated as a STR for a year).