Rent to students on 11.5 month leases, giving you a 2 week timeline in the summer to travel to the property, do any repairs needed, and get it rented again.

In class they approximated $10,000 but they aren't confident of this amount.b) Does this strategy also exist for Roth IRAs and if so which plan type would be more beneficial to distribute from?

Are you confident you can find 3 quality tenants for your new property while working full time?

Your market would have to be very strong for you be that confident in your numbers or your estimations must already be compensating for worst case senario before entering a deal for $15k.

Find one your confident in and get er done.If you have a goal of running a mile, and you only run a block, your far ahead of the guy still on the couch.With all the helpful people here on BP Im confident in your chances.

This fits in 1% rule but not 100% confident.

So, maybe a rehabber known they can accurately predict everything about the deal, and can safely go to 80% of ARV and be confident they will make $50K on the deal.

The more time you put in the more confidence you will build.

Interesting to see how my attitude, perception of investing, and confidence has changedalso, if anyone else happens to stumble across this post this is proof that biggerpockets works. as of today I have 8 SFR and a 24 units MF.

I wouldn't be confident that the website matches exactly the coverage you have (meaning there may be an exclusion in the policy itself).