Though there is a large number of people in the game who don´t, that doesnt change the mindset I embrace.

If you go more units it’s a commercial loan and a whole different ball game based on the financials of the property.

Chris,My difficulty with selling if your are still looking to be a buyer with the cash proceeds is that you are playing both ends of a hot market which nets out.With regards to your question on determining a price, you can look at comps in your area or reach out to an agent if you have one.Real estate is very much a numbers game in my opinion.

We feel like there is still room for entry into the market for a house this size that has nice amenities (hot tub, BBQ, games, etc.), but are still a little uncertain given concerns about STR market saturation in the area, and potential drop in home values over the next 6-12 months.  

He says that he likes that I had everything together and made it a smooth process for him to come into, plus I did put up for the purchase which allowed him to know that I had "skin in the game" and was all in.I was also grateful because he agreed initially to keep me involved in the actual rehab. 

When I would bring them to my spouse with the numbers, it turned into a waiting game with my spouse insisting we wait and think about it.  

What skin in the game do you 3 have if things go badly?

1 You start an LLC.  2 Fund the LLC with the money you need for earnest money.3 The offer is made by the LLC, with you as the representative member of the LLC4 - If the offer is accepted, you sell the LLC for your assignment fee plus the earnest money you put up5 - The LLC closes on the property with the new owner of the LLC as the new rep6 - You get your assignment fee from the sale of the LLC7 - You are no longer affiliated with the LLC8 - There is no paper trail to your assignment fee that is visible to the seller. 

I’m brand new to the real estate game.

So as someone with no real estate experience,but really wants to get in the game.