Good deals are scarce, labor and materials are expensive, competition is high.

I was anticipating not even being able to rent out these units, but I put one up for rent at a low price and after a week found some perspective tenants.

Second, is that it is a really low risk way to gain experience in STRs because you have less capital on the line.

When you consider setup costs, utilities, landscaping, consumables, your time, marketing, and other expenses, the net may not be much higher than a long-term rental.

Let's partner up, share our experiences – the highs and the lows – and learn from each other's journeys.

Picture is too low resolution to tell what's going on.

My dad is retired and his credit score isn't the greatest while my credit score really good and debt to income is pretty low right now.Mortgage Owed: 118,000Money to Seller:  75,000Est.

Property taxes are a major expense for property owners and can vary widely depending on the location and the type of property.

Being a wholeslaer is having a business.You are in the business of finding and buying land/contracts for a short duration and then immediately selling them.One typical expense for a wholesaler is all the advertising costs to find motivated sellers.

@Amber StoutIf they do not reduce the money supply they may need to increase rates vs decrease them as we are heading in this quarter where last year MoM inflation was very low so by end of June/July inflation being closer to 4 could be a possibility….