You can get in the market with less money, could have more time to do a Reno/ make updates and force appreciation, and someone else is helping cover your mortgage.Growing up my dad would ask me “how do you eat an elephant?”  

I have a little bit of nest egg.

If your reno is longer than a couple months the carrying costs will eat up that gross profit.

You can likely find a distressed property here in Houston in a good area with $80k-$100k out of pocket and fully funded by HML for the other % & rehab, then maybe keep some of the money in the house and have it more cash flow oriented or take all out and eat the little OTM play.

They would buy theses houses themself and pay it off in 7 plus years and become a billionaire.It takes too much time to acquired these properties therefore just be careful before you lose your family nest eggs.

JMO Core PCE Wager TrackerJanuary 2.9%February 2.8% Last Week This Morning10 Year Treasury at 4.21%German bund at 2.29%2 Year Treasury at 4.63%SOFR at 5.33%Term SOFR at 5.33%Fed Sentiment checkChairman Powell – Fed not in a hurry to cut ratesCook - Need to be cautious when approaching rate cutsGoolsbee - Sees 3 cuts this yearBostic - Expects just one rate cutWaller - No rush to cut ratesCore PCE m/m 0.3%Core PCE y/y 2.8%The Week Ahead After two years of egg on my face, I am throwing in the towel.

Properties I looked at in Gulf Shores managed by Vacassa and others had severe deferred maintenance which has to eat into revenue due to lower occupancy, pricing and refunds.4.

The Self-Directed Individual Retirement Account (SDIRA) isn't just a nest egg; it's your golden goose.

(things to do, places to eat, school district, etc.)

Damages can eat up your profits quickly.