Last month, I purchased my first rental property in Baltimore for $117k and invested an additional $13k in renovations.

The owner lives a few hours away and is selling off most of her rentals but this one is too much for her to deal with any more being so far off and it being a lower class type community, she claimed the tenants are all loyal bill payers even through covid.

It's a simple rental arbitrage. 

I looked at the best-case scenario for a rental that I am selling (it's under contract) if a cash buyer bought it and placed it into service at a Rent-O-Meter average price, and the annual yield is 6.33%.

Hi AllI am a STR expert but new in the long term rental game.

*Newbie Investor I’m currently looking to buy a long term rental with minimal renovations in North Carolina and chose Fayetteville as my main area of interest.

If I were to do this, would my cash flow from rentals have to be reinvested into the account?

We currently manage 10 rental units.

If you are an individual that had a property loss (including personal property) then use the first link for FEMA.The second link is for business owners…and yes, this includes those of us that have rental properties.

Air Bnb the other side while you and your friend live in one side so you live free, and after a year you can make both sides medium term rentals and buy something else.