We picked up the home for a large discount as the estate wanted to close the deal.

@Kathy Fettke Im certainly not trying to pick a fight or malign RWN.

Technically, when raising funds under Regulation D or any other SEC exemption, there’s no strict requirement to utilize a Private Placement Memorandum (PPM).

I Offered it to them at 10% below market with him paying utilities. he wanted it, so I screened him to verify he can afford it.

If you chose to go out of state, then I would be sure to pick quality locations (B class or better).

Purchase price: $650,000 Cash invested: $138,000 My business partner and I picked up this 25 lot mobile home park in Owensboro through a wholesaler.

Even something as simple as utilizing ChatGPT to speed up certain processes such as asking for generalized information on a market's demographics and immigration patterns can be useful and save a lot of time.

Use STR-specific insurance to protect both parties and automate operations with platforms like Airbnb, TurnoverBnB, and PriceLabs.Taxable income from the STR must be reported, but you can deduct related expenses like cleaning, utilities, and furnishings.

Adding the current mortgage and utilities would be roughly $1,350 resulting in a profit of $650/mo.

Go to the food pantry and pick up blocks of cheese.