from my experince you can deduct 20% or so from gross selling price to get a net. so looks like about a 40k or so NET NET NET profit and that assumes the 258k cost has profit for Robert and the builder or if the builder is Robert then profit is built in..

If your expenses after renting out the other units/rooms is lower than what you would pay for rent, this would allow your to buy another property while paying less monthly.

You owe it to other hosts and the system to report bad guests.3) There is no penalty for not allowing guests with zero reviews.

imageMEDIA is really inexpensive if you allow them to take up to 9 days (I've never seen it take them that long ;-) But want it printed in 3 and you'll be amazed at the price increase!

I didn’t even know Lender still allowed sellers to hold back a second mortgage these days.

Also, only owners are allowed at the lake or friends/family accompanied by owners. 

Only the people listed as "Managing member" will be considered a GP and would be allowed to have control/say in what happens on the property. 

The first thing you'll want to do is define the zoning and what the allowed uses are for that property.

If so, how did you come to the conclusion of what type of home you purchased and how that strategy allowed you to buy your second property?

I allow small, non-dangerous pets and do a $250 pet deposit, regardless of flooring.