However, BP is essentially one huge online meetup that is going 24/7.

I essentially turned my $3,000 into $9,000.

The original 3 bedrooms were sectioned into dorms and the bathroom is locker-room style (multiple stalls and showers).

It could also use some cosmetic touches in the bathroom as well.

I am attracted to this strategy because even though it likely cashflow less than rentals in the short term it would essentially allow me to close one property, get a decent cash flow/downpayment and forget about it putting all my effort into finding the next deal as the bank not the landlord.and here is the law:https://apps.legislature.ky.go...

The breakdown was 10 - 1 Bed, 3 - 2 Bed, 2 - 3 Bed 2 Bathroom.

A few opportunities to get a lot of value from small upgrades like bathroom tile and adding a closet.)

I've not got any business that's related to property other than investing, so a mom and pop show essentially.

Needs new elec, plumbing, HVAC, siding, windows, insulation/Sheetrock/Trim, Kitchen/Bathroom remodel.

Getting your mindset right, setting goals, and creating a strategy are essential first steps to investing in real estate.