Remember to factor in extra costs associated with STRs cleaning can be passed on but utilities, cable, internet, toiletries, replacing worn towels and linens.

I am excited to start building wealth for myself and my family, and willing to make the sacrifices right now that others at my age don't have the willingness to do.I've been on the outside looking in on this site for a few months now as I took the time to dive into educating myself about real estate, personal finance, and other topics through the forums, podcasts, blogs, books and all the other info oozing from the site and on the internet.

If you sent me a reduced offer based on previous unpermitted work, I'd just laugh while I review the other six offers on my property.I'd wager that over 70% of garage conversions weren't done with permits.

Hi @Kyle SeidelThe 1 bedroom condo in my example had the following expenses:Cable/Internet $150/monthHoa $200/monthElectricity $125/monthInsurance/Taxes $80/monthWe didn't have a mortgage, but you can add in your PI. 

I haven't been to my office in months, all of the transactions are handled through the internet.

Dont use internet based lenders from out of state.

I've tried the marketplace here on BP and some internet searches without any reliable results. 

The typical internet search results are frustratingly random regarding the topic.Are there lenders that even do this now?

With this type of internet marketing, you're generating leads that you know are looking to sell and could very well be motivated because they sought out you - not the other way around as it normally works with most forms of direct-to-seller marketing. 

keep in mind the thought process of those that write the articles.. they want to sell papers or internet subscriptions.. so they like to paint it a certain way.