You just do not want there to be any confusion about the deal points that made the deal attractive for you to buy in the first place.

Many of us here in WNC thought we were going to see a mass selloff in the Summer or Fall of 2023. because the first 2 quarters were surprisingly brutal regarding STR revenue and bookings.

Most note investors are aware of SOLs but believe the shorter note SOL applied for both (myself included at one time).

Even if you have enough for a down payment and closing costs, there is always a chance the furnace or AC goes out the first time you try to turn it on (typically this would be caught by an inspector), or some major damage happens that insurance doesn't cover.  

@Sean OsborneRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

My company was only a couple of years old at that time, and I was still working a full-time job (working two full-time jobs, really).These are the shirts of men who have to get dressed for work for the day, going into the office from 9 to 5, so to speak.At that time, I was one of those men putting on a shirt and tie.

Being able to retire "anytime" is a monthly burn question and the timing on that burn.

I help engage brokers to find new locations, complete due diligence on prospective locations, and collaborate with landlords to ensure we are on-time with our contractual obligations. 

My first thought would be to see if I can land one of these specs, have one of my contractors finish the last 15%, move in this myself, and then list my current primary as a rental property. 

We currently are looking into San Antonio first then once we move to Texas we will look more into Temple area.