The market currently not supporting our initially projected sales prices.

I see specific opportunities to significantly reduce costs without compromising on the experience that seems to attract that higher nightly rate.

My conviction for doing out of state fix/flips was mainly procured by the desire to have more options and opportunities available rather than having to be tied a more trying California market.

I'm curious on thoughts surrounding using HELOC/ IRA/ Roth money to purchase rental property if I find the right opportunity vs delaying for a while to save up extra cash. 

Which was VERY helpful and I'll be forever grateful for this opportunity. 

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

When I ran numbers a few years ago for a higher end condo vs newer, but starter home, the purchase price for the house was a bit more ($40K), but I could rent the house for more and payments were similar once I added in the condo fees...I went with the house.

Hi Aqsa, What location and price points are you targeting for these properties? 

Networking with local investors can provide valuable insights and potential mentorship opportunities.

Purchase price: $168,000 Cash invested: $40,000 Sale price: $299,000 What started out as a family friend needing out of their home due to financial hardship turned into an incredible project for us.