(You can do it with STRs, and Airbnb is mostly what I'm seeing with my investor clients.)But we were breaking even with our first two or three rentals in Denver as well that we bought between 2015 and 2017.

@Kari Morales @Greg CobbFor your investments you want to make sure you're buying from someone established, experienced and well reviewed.

You also have closing costs as well as capital gains.

Meet with them to mention that you will be sending them a notice of rent increase as they are well below market rent. 

It's called onera-group.com, in case you want to have a look as well, as I think they have data for Minorca.

I've read several books, listened to hundreds of podcast's and watched dozens of webinar and BP YouTube videos in preparation for my first investment.

Essentially all of the planning, permitting and projections ready to prepare the project for development and then sell the property with the additional 12 unit entitlement to a more seasoned or experienced developer.

However, we did due diligence and took her through the screening process she had good credit, passed background check but her income wasn't sufficient , former landlord spoke well of her.

Ok I do the same buy and hold as well and that definitely works there.

Well, I may have just found a possible deal but am worried it is not a good deal.