However, Even in the most competitive (Sedona) STR market, only 5% of home owners use the formula that gives huge occupancy and prime market ADR, resulting in a strong ROI.

They tend to be around $1500-$2k+/mo depending on the competition level in the market. 

Let me know if you want to connect or have any questions as you enter the market.- George

Starting a real estate investing journey requires education, understanding the market, setting clear goals, and leveraging experience.

In terms of structuring the loan - I am in the Houston market looking for a deal that will cash flow.

I just recently learned about financial independence and freedom through real estate investing, so right now I am soaking up everything I can to see what strategy and market could be a good fit for me.Thanks for having me!

Beutiful property that provides quality housing for an underserved market that also makes good money.Lessons learned?

Another benefit is you can enter the market sooner with a lower cost of entry( down payments 10-15%), helping you scale and make real estate a full-time income source sooner.

Id say rent it and refinance it and go back to the drawing board later when the local market rebounds 

Bought for 63,750 off market in Feb 2021 worth around 130K+ currently.