Purchase price: $500,000 Cash invested: $125,000 Bought a 3 unit property 10 mins away from me!

Amazingly, they suddenly figure out that they happened to leave some spare rent money under the mattress or their rich uncle left them a bond they can cash out.

So...even when not utilized, securing a vacation rental permit, while still an option, is an excellent and worthwhile struggle and investment. 

The BP community is an excellent resource for networking and learning from experienced investors.

Context: I’ve been using MLS, realtors and wholesalers to seek out my first investment property (debt free outside existing mortgage, $100k cash saved, stable income), since my network is fairly new and limited as a green investor.

YES, you can still achieve cash flows of 7% to 10% in the single-family residential (SFR) sector.If you want to learn more about these opportunities, don't hesitate to reach out.

During the term period, do i take over mortgage payments and pay the seller a rental fee/rental premium from the cash flow?

. - Lastly, if you are looking at real estate as a long term buy and hold strategy, you have to look beyond just cash flow.

Look for both cash flow and value add.4.  

My PM used to use a software rentec, and rentec would give you a running tally of cash in/cash out across your whole portfolio.