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.

We're also getting some pretty sweet deals on new construction with closing cost incentives.

I realize the cost may fluctuate as time goes by. 

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

@Quan TruongAs a licensed real estate agent and insurance agent in Houston, TX, you can effectively lead your real estate journey by partnering with other investors, lenders, and property managers.

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.

Operating costs are known and everything is new, so reserve levels are usually tiny as there is a long time to build them up before they need to be tapped.