If you are interested in listing your property on Airbnb, we will make it totally hands-off for you.

On the other hand, some recently built homes will be in foreclosure (or have motivated sellers for other reasons) and can be had at a discount.

I might have more question later on down the road...I need to get my hands dirty, but do it smart to reduce my risk.Thanks~!

On the other hand if you took this same scenario and are purchasing this property using an FHA loan where you are only putting down 3.5% which equates to only 6k cash down with a ROI of 3% earning you $180 annually.

I just had one slip through my hand a couple days ago 4500 sqf 7 bedroom for 130k purchase price with an arv of 800k-1.2m needed about 200k in renovationsBut the market here in Spokane is great with Amazon moving in and all these other big companies it's just going to get better I think the MLS deals move quick there's usually quick turn around but with the right realtor you should have no problem if you need one I can recommend a really good one I'm always interested in finding more lenders or partners  or investors This month alot of off market house will be going for cheap since the first of the year is the county auction and there's a few trying to be sold before auction 

My scene is a pub with a craft brew in my hand so I like to make a my cold calls walking around with a beer, it helps!!

Some of my properties have probably gained market value in the last few years since I bought but I don't want to make that assumption in this analysis until I have a new appraisal.Taxes have NOT been taken into account, but I think you all know that real estate beats the stock market hands down in this category.My biggest takeaway is that you need appreciation to achieve outstanding returns in real estate. 

If on the other hand you want to set up say a wholesaling and fix and flip operation, then taking the time to set up infrastructure is appropriate.

I would love to gain as much hands on knowledge as possible but it doesn't seem like there are many opportunities available near me (North Jersey/NYC area). 

If I have all low interest debt and feel like I can get a higher return if money was invested, I wouldn't pay off anything, but use that money in something I can easily get it out in the event of need1/4 into a hands off, no labor investment... for me it would probably be peer to peer lending... with small amounts in multiple loans to spread the risk... returns are solid and I appreciate the service they provide1/4 into a value add multifamily... in the midwest you can find a great cash flowing property with lots of equity for this much money1/4 I would park and not touch... put it in a high yield savings account... yeah, I know, not doing much for me, but I believe in the bird in hand.....