First thing to understand, St Cloud area has a significant % point of rental units too ownership far above state average, with that knowledge at hand know regulations were far more relaxed for some time, and than a few persons came into the market and took advantage of that freedom and in short created a situation that forced the city into action, it's just that simple.

Purchase price: $100,000 Cash invested: $130,000 Small cabin on 5 acres of land with the barn and still covered bridge we remodeled the property added septic tanks gravel landscaping redid the entire cabin and now we are cash flowing very strong and heavy on this property What made you interested in investing in this type of deal?

We are also the largest city in South Dakota so we are attracting a ton out-of-state people moving here to avoid all the politics. 

But If appreciation is 10% then I may go with 30Y.Also 30YFRM give flexibility because you can always pay like it is 15 years, and second, as the value of the money is decreasing, then.....it's always good to go with longer duration as money going to be cheaper but would create more value in the future in term of wealth creation.Having said that, at most of the time, the longer the duration would be better ....better inflationbetter risk/rewardI am almost about to say I could buy house for the reason of we are having 30Y fixed rate.

We are looking to expand our business to 60 doors. 

@Erica Calella My market is specifically Bryson City and I would say the general sentiment here is that we are seeing a high level of last minute bookings across smaller properties with larger properties seeing more booked occupancy ahead of time. 

A current tenant has damaged the rental property beyond the normal wear & tear. (3 by 6-foot hole in dry wall; Garage access door complete broken off with damage door frame, the main entrance door way frame is broken and need to be replace, damage to the rear entrance door frame as well).

I reached out to friendly investor; we are having a phone call tomorrow.

Short and sweet but highly effective💯!

Conduct thorough market research and financial analysis to ensure there's enough margin for profit after accounting for purchase price, renovation costs, and selling expenses.Types of Investing: In addition to fix and flip, consider other investment strategies such as buy and hold rentals, short-term vacation rentals, or wholesaling.