My savings are falling short after my home purchase so I need alternatives that can be implemented right away (ie I don’t want to wait 5+ years to have sufficient savings to only then invest in rental).Any feedback is welcomed. thanks 

We have some short term debt we need to pay off at the end of July (300k).

When we purchased this property, the seller requested a 3 weeks leaseback and we agreed to it with a 5k hold back for deposit.

I am in Milwaukee, WI and I use the WLB lease format to sign fixed-term yearly leases with my tenants.

I think PR is an amazing long term investment opportunity but you have to be patient.

Investment Info:Single-family residence buy & hold investment.

For example, if you’re a first-time buyer wanting to see 3 different cities, low down payment Ioan, no real idea of what you’re looking for, and need to lose 3+ offers before you’ll listen to my professional opinion on offer price & terms, you’re going to be paying me a lot more than an informed cash buyer looking in a specific neighborhood that listens to my advice so we quickly win the bidding wars we still have with lack of inventory in desirable neighborhoods.

@Ryan Osborne - Thanks for the information on where I should be falling in terms of good numbers.

@Russell Brazil posts about this frequently - better to do repairs yourself and hold in escrow than have seller do it as you never know how well it’s done.

It's set to open in 2026 - I think that will be big for that area and short-term rentals.