Have further info you can share?

Inaddition, we will spend $4,000 on minor repairs and improvements to satisfy thestandard of 10% appreciation during the first year.Year OneHere is a summary of our portfolio after year one:Our loan is for $63,500 (approximately).Our value is at $110,000 (10% appreciation during year one).Our cash flow saved (from cash flow) is $10,000.

This seller's info: pre-foreclosure on 2/23/22.

Those who are done with their every day routine and have some savings and give it a go at a bed and breakfast type of story, that's a big market you can tap into.Best of luck !

And would it wiser to save up for a slightly bigger multifamily? 

Ask him if the property is still for sale in Council Bluffs.  7124350692.Ask him if his old landlords family still has properties for sale and their contact info.  

His info is on his BP profile.

My premium savings would earn about 1.5% -2% less than mortgage rate .  

If you are in a climate zone that makes a heat pump appropriate (they work and save money even in Michigan) they will have environmental, comfort, and financial benefits for the home's occupants.This price seems reasonable for a 2.5 ton installation.

This is fresh info that I just got this morning from one of the city's reps in their STR department:Any rental charging over $5/day for a term of less than 30 days is required to have a short-term rental license in Austin.