With $1,050,000 cash invested and a purchase price of $950,000, you likely have significant improvements made to the property.If you're considering scaling this strategy or need advice on financing future acquisitions, feel free to reach out.

I made an offer on something the other day that needed an 80-90K rehab, and was going to be worth 180-190K fixed up.  

Also, be cautious when using a HELOC as a down payment on your next property.

That thought led me down the real estate rabbit hole, and after stumbling on the BiggerPockets podcast, I’ve been hooked on the possibilities in real estate investment.

It probably depends somewhat on your total financial situation.

Some remodels can be >100K in work and it's a lot to track on sheets. 

Depending on the size of your portfolio, I suggest considering either "PROPERTYWARE" or "INNAGO":Propertyware is ideal for larger portfolios, offering customizable and automated reporting features.Innago has been very effective for me, enabling property marketing, conducting screenings, and managing rent and maintenance requests.

It’s great to see you diving into real estate, and it sounds like you’re on an exciting path.

You may be doing a long BRRRR on your original house.

Condos are always tough to get things lined up with HOAs and assessments considered.Have you checked the data from STR sites like AirDNA, Rabbu, and Mashvisor?