Now that project is done, I'm re-reading the book to evaluate where I am now and what step to take next.2.

I use a hard money lender to pay $126,000 for the purchase and the money partner's money for the rest of the down payment.

Just be sure you can afford your next project before jumping in. 

Boston is the 3rd most expensive market in the country, and DC is the 4th.

It's time to run the numbers to determine the cash-flow.

  :)   There's so many Gurus pitching this and that without mentioning the risks to them and to the buyers.So glad to hear re your business model being fair to the buyer.   

Hey @Isaiah Cortez, here are the deets on STRs via the city - https://www.fortlauderdale.gov/government/departments-a-h/de...I don't have any real insights on the area, but do a search and you will find some details.

The best next step is to define your investment goals—whether it's house hacking, long-term rentals, or flips—and start networking with local investors in Houston.

It's not the cost of the big ticket items that kills your budget, it's the loooong list of small tasks and receipts!

There are 3 ways this can happena) Salaries increase (unlikely)b) Interest rates drop (not very likely since we I believe we have $8T of debt to sell next year that is coming off books and China and Russia are not buying US dollar as muchc) Home prices drop2.