Not a high cost of debt/capital at all, so we are not concerned about the balloon payment.Regarding long term goals, we plan on building slow and steady over the next 10 years, but then have them all paid off within about 20 years for retirement income from the rentals.

Hello, I currently operate a rooming house, and the insurance cost is going up every year, and it is getting ridiculous.

Still weighing my options and going to have to hunt for the right deal as I’d like to offset the cost of my new home a bit more than the cash flow of my original home will cover.  

@Michael Smythe has been in the game while.

I am about to close on my first STR in Panama City Beach, and would like to try and get people in there for the winter months to help cover the costs and lessen the maintenance burden. 

The cost of entry is low while the cash flow is high

But, it also means more work in managing, tricky loan processes, higher start-up costs, and the risk of market changes.Lubbock, with its high need for rentals and low-cost living, is a top spot for duplex buyers.

Now, consider some solutions: submetering is an option, allowing for individual usage tracking, but be cautious about upfront installation costs and regulations.

I honestly should have more money saved up considering my years of working full-time, however younger financial mistakes have been a painful lesson and I regret not purchasing a property sooner/younger.My most important and immediate goal right now is to purchase a property.I am in (what I perceive to be) a relatively high cost real estate area. 

I make it a little bit of a game to try find the properties that are spotlighted in their teaser newsletter and see if they are a good deal.