Visit, explore these place and then narrow it down.

Your specific variable expense assumptions are wrong, BUT you stumbled into them being correct overall.Also, you are approaching this correctly - entering in the numbers to generate a purchase price that meets your metrics:) Hi Drew, nice to see you here!

There are so many veterans who have carved nice paths in real estate investing all over the site and as guests on podcasts that you can learn from as well.

Many folks don't drink and might be annoyed, in recovery etc.We do put out a nice welcome basket with some drinks and snacks.

I'm noticing there are some really nice cash flow markets in texas, some of which are really close to the Mexican border, though.

I'm wondering if I should build out the house to sold comps valuation (bigger more expensive house chasing equity valuation) ORShould I build just enough of a nice mountain cottage for best cashflow.

If they think they have an "Airbnb" Unless they own the publicly traded company, then they only have a STR, or a vacation rental if they have a nice place/location.

Interest rate is 6.25% Nice house, nice neighborhood.

Yeah that sounds like a nice little cash cow =).

It isn't jumping out of the plane that hurts, in fact it's a pretty nice view, it's hitting the ground that does the damage.