The first one is the hardest, most memorable and - in the long run - rewarding 😀

Yet could be more rewarding because it would be fun to do a proper live in flip on a bigger house.

I have stayed in several vacation rentals with kids and a dog and always treat the home with respect and leave it in a pristine condition.We had a group of 5 including kids over the weekend who left crumbs all over the house, food stains on sheets. 

It's clear, one is sky high risk with about same potential reward as the other, which has near 0 risk. 

We are already seeing it with food pricing construction material and may other consumer goods.

We like to target 7-8Cap Deals, and when other investors end up discovering those cashflow cities, we have been luckily rewarded, however not dependant on that since the cashflow there is solid.

I negotiated with a couple of them and finally signed a triple net lease with a fast food franchisee.

I’ve also enjoyed great returns and findings outside of MKE county; Sheboygan County and the Fox Valley.Some other food for thought, the shortage of supply is nation wide.

Looking for my first deal, I would love to have my first property to be local (Denver) or in the nearby city’s but I do not know what to look for, would love to get my food into the door!

Any food for thought is appreciated!