Mainly focusing on our location while also keeping the total cost of the homes in mind.

We will be almost doubling our portfolio next month (81 doors total).

It's calculated as the ratio of your total loan amount (loan amount for purchase + loan amount for your rehab) to your total costs (purchase price + rehab budget). 95% is a good target.Avoid application and other upfront/junk fees. 

If your goal is financial security for your family, how do those things further or impede those goals? 

I don't need hard money because I have a lot of cash.Purchase: $190kDownpayment: $40kClosing/Realtor: $10kLoan Amount: $150kRenovation: $15kARV: $250kRefinance: $5k Final Loan Amount: $190KCash Back: $40KCash Spent (Down & Renovation): $55KCost to buy (Closing/Realtor): $15K---------------------------------------------------------------------------------------Total Monies Spent: $30KLoan Amount: $190KMortgage: $1.8KRent: $2KThose are rough numbers going through my head.

Maybe we got lucky, but it took about 3 months total.

It’s a smart way to dip your toes into investing while securing your first home.You’re not being too ambitious at all!

You will totally get legit bookings from VRBO, etc. and I'm psyched for you when you do!

It saved me when things got real (hello, crazy boyfriend with trust issues).Security Deposit: Non-NegotiableOne full month of rent as a security deposit (at the very least!)

So that might be a total return of around 60-70% over 1.5 or 1.75 years (don't know for sure since I am not an investor in Fund 1).Fund 2 (the last of the two non-cumulative preferred MHP funds) hit 7% annualized IRR this past quarter.