Essentially we want a vacation home, but we'd only use it a couple times a year, so why not have renters pay the bills!

Essentially, there must be a paid parking footprint in the area already.The ideal asset would cashflow from day one with the ability to add value via technology, operations improvements, and/or NN lease addition (or renegotiation).

It's always essential to dot your i's and cross your t's when taking deductions and preparing your taxes.

Investing out of state can be extremely difficult, and it is essential that you build your team first - And it needs to be a solid team.

We don't typically advertise a target refinance date or amount unless it's an essential element of the business plan (heavy value add), but include it as a preference within the first 1-4 years of ownership. 

Without using the HELOC, it would of essentially been a double on my original investment, or 58% annualized.

@Masood Amin it’s essentially a partnership of multiple investors who pool their resources togetherto pursue an endeavor that they themselves could not, or would prefer not to do themselves.There is a Sponsor or General Partner for the project, who is the activeinvestor puts the deal together and is responsible for executing the business plan, and thenthere is a group of passive investors, the Limited Partners, who contribute capital in exchangefor equity in the project.

The tenant has an essential job in healthcare and Covid has not been a problem.

Looking at the local market and using some the tools to analyze properties it doesn’t seem to make sense where I currently live.

So essentially in 90% of cases you increase your costs and risk for no increased reward.