Well that’s disappointing owning a STR on an island is one of my LTR Goals and Barcelona was on my short list.

Is that because well water is generally harder on the filter mechanics?

Hi JohnYes, that's what I'm thinking- was hoping there might be a way to tap the equity in the church with a renovation loan, but not having much luck there. 12 percent is pretty well exactly what I'm looking at- debating whether less risky to just cash flow it slowly over time?

Beach front is rare and has appreciated well for 50 years and likely will be appreciating well 50 years from now.Good luck

An investor that doesn't know how to manage property well is only compounding problems by adding more properties. 

You made the choice to buy a $35k property... that's incredibly cheap in today's market.

Do you paint inside of the cabinets/drawers as well?

And for extra context, rent increase is from $900 per month to $1000 per month (still $200 below the market, and probably more considering all utilities are included).Rent Increase Letter (Due to Below Market Value) TemplateDear [Tenant's Name],I hope this letter finds you well.

We’ll help pull back the curtain a bit on the biggest drivers of mortgage rates, as well as how investors can watch the market like a financial expert does.Bond Market Concepts: What Determines Mortgage Rates?

I know a little drinking happens but we let it be known strongly the rules of the house.