Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $4,000

Cash invested: $15,000

Bought land with 5 mobile homes on it cleaned it up now it's my construction y...

We've been going to Edisto Beach or Harbor Island the last few years for a slower pace. we don't really get to be tourist when we are in Charleston we are working.. but we do enjoy the Restaurant scene and its a cool city.

@Allen Moore I really enjoy section 8 or as we call them in NYC programs. 

How would've the existing electric, HVAC & roof REALLY affected the STR marketing & guest enjoyment of the property?

Going to find seller financing deals with 0-10%, finding limited partners who want to double their money in 2-3 years and cover all cost, pure sweat equity.If i close on a multifamily thats worth $1m now, 10% down seller financing so bank isn't involved, after value add it's worth $1.5m, that's a 5x on cash.

Have you figured out if you plan on using it and the enjoyment factor of owning STR?

I've really enjoyed the glue-down laminate planks my flooring company has.

From a purely REI standpoint you should keep debt for leverage and to get a better Cash in cash return.  

Real Estate is a journey, so enjoy the ride

I am also looking for part time as I already have a good paying engineering job that I enjoy.