But people make the mistake of pulling equity with an old furnace and then that comes up in the dead of winter.

95% occupied sorryPersonally I don't count the POH rent towards the NOI because my lenders won't either.30 occupied at $450 = $162,000 gross incomeAssuming a 40% expense ration your NOI would be $97,200If you wanted to buy at a 9 cap you'd be at $1,080,000Definitely check my math but I'd try to pay around $1 million for this.

Most people are happy to cash flow when they put 20% down.

People think painting is just getting paint and putting a layer on.

Which he clearly states repeatedly does not count.

When people buy residential most often they buy off of feelings, layout, and amenities.

Can someone give me some advice I have been watching youtube and seeing these people say they buy 4-6 rentals in couple years.

@Marius FleischerYou will have 50% of people tell you that you should invest there and 50% say otherwise or provide areas they feel are betterEach area has positives and negatives - my recommendation is to visit each of these areas then shortlist them and continue to figure out where to invest

Some people like me are better at investing than managing.1.

There have been way to many people who think that their STR is worth 100k more than the exact same house 2 doors down.