Our strategy is to buy and sell once the builder completes selling all the houses in the community.The base price of the house they're selling is $420K, but the model house, with all upgrades, is priced at $450K.

BiggerPockets has helped me tremendously with respect to:- growing my local, regional and nationwide network- learning about different markets and strategies- finding potential partners and dealsI know you'll get a ton of value from BP as well!

Adding keywords related to your investment strategy or market locations can be updated in your settings.

With literally MILLIONS of sites on Google searches, something has to be DONE to stand out to Google (and their roving "spiders").

What strategies would you offer for someone starting their first STR?

You really need to get advice on a tax strategy so you don't run afoul of the IRS.We had to do work on our lake house, but I put it up for guests asap while we were working on it.

Brrrr strategy works out of state but it still can be costly unless you’re planning to go the hard money route. 

and if that is the case you'd need a strategy to pay off the balloon.and you need to see whether the seller would even be interested in financing. 

Maybe diversification is key or is it the strategy?

@Thomas James Discuss with a lawyer please and MAKE SURE YOU HAVE AN EXIT STRATEGY.