Hi all, I recently became extremely interested in real estate investing after I happened to randomly strike up a conversation with one.

I have a few friends who are full time agents, and I’m a big fan (although not dedicated follower) of Dave Ramsey, so rental property investing has been tossed out in conversation within my circles for several years.

Preview of the list (no order)...So good they can’t ignore you - Cal NewportOutliers - Malcom GladwellSolve for Happy - Mo GawdatThe EMyth - Michael E GerberThe Five Dysfunctions of a Team - Patrick LencioniPrinciples - Ray DalioCrucial Conversations - Kerry PattersonThe Four Hour Workweek - Tim FerrisThe Dichotomy of Leadership - Jocko WillinkHow to win friends and influence people - Dale Carnegie

So this whole question about STR's comes from a recent conversation I had with @Brian Gerlach that just got me wondering if I'd even given a serious consideration to STR strategy in the area we're looking at.Thanks again for your thoughts!

This will help you to get the conversation going.Best!

Purchase price: $366,000 Cash invested: $87,000 House Hacking / Live in Flip / New ConstructionAsking Price: $370,000Main House Rehab: $12,000VA Loan 0% downPITI: $2080Main House Rent: $4000* ATTACHED 615 SQFT ADU BUILD (OWNER BUILDER) *2 Bed 1 Bath, Washer & Dryer, LARGE Private yard and Entry.Grand Total Cost to Build: $50,000 (Plans, Permits, Construction, Fees, Etc.)ADU Rent: $ 2100* 488 SQFT JADU (GARAGE CONVERSION) (OWNER BUILDER) *1 Bed 1 Bath, Washer & Dryer, Private yard, parking and Entry.Grand Total Cost to Build: $25,000 (Plans, Permits, Construction, Fees, Etc.)JADU Rent: $1500 What made you interested in investing in this type of deal?

I've worked with military buyers locally here in SA including a young family that utilized a VA loan to purchase a new construction duplex in the Converse area. 

Had a conversation with someone today and found out the owner of 160 acres across the street wants to sell.

I would leave that conversation, however, for a phone call once you've made contact.Best of luck to you moving forward!

Purchase price: $455,000 Cash invested: $7,000 House Hacking Owner Occupied * In- Progress *Asking Price: 459,999 Rehab: $5000VA Loan 0% Dow* SELLER PAID CLOSING COSTS AND $15K IN REPAIRS, NO MONEY OUT OF POCKET*RENT BY THE ROOM STRATEGYPITI: $3060Rent: $3500 ($875 per room, utilities, Wi-Fi, and Security System)* Current Project: 300 SQFT ADU *ADU Rent Estimate: $1800 (Includes Utilities, Wi-Fi, Security System, and private entrance, yard, and parking)Construction Budget: $20k (Structure is already existing, more of a conversion) What made you interested in investing in this type of deal?