What makes that worse is that both of these industries are hugely challenged over the long term and real estate is generally a long term investment.There is a constant oversupply of oil and it's not only because of Covid.

I’ve been doing constant research on that market but here is something I’m now concerned about and would like to hear from you guys.Winter in Indianapolis.

(Use case is -  while i am away and I could not talk to sellers or after my initial conversation - this CRM tool sends constant communication on my behalf).Thanks for your help in advance.

I think its a great way to add an additional income stream.

With a sale, being overpriced and time on market is a damaging thing but with rentals, it's a constant stream of potential tenants and the past price history doesn't seem to be a factor.

It also did allow me to scale up a little faster as I was able to start two more projects during this time due to my leveraged positioning.Here are the stats as of today from my Stessa portfolio tracker:My original goal was to refinance out of this property, but given how well it cash flowed and how long I had to pay back the credit cards, I ended up just keeping it free and clear in order to maintain a solid cash flow stream (it's currently the only property I own that is free and clear).In the next few years as the area continues to gentrify and appreciate, I may do a "BRRRR" on my own property (minus the B for Buy) using a renovation loan in order to raise the rental income to the next tier where it could support a refinance while producing similar (or better!)

Only assets makes it tougher because lenders want to see steady streams of recurring income to pay for loans rather than just a pot of money sitting there that can be (theoretically) depleted any time. 

Again these would be higher quality homes in the 80-90k range that still need some light rehab so that I can then add value and refinance later.What I do like about buying a cheaper house with all cash is that I would potentially be able to pull out my money back fairly soon and re-use it, all without the hassle of a bank loan.Again, our goal is to acquire enough rentals to create a significant passive income stream.

Still better return than a regular rental but you don't have to deal with the constant guest interaction.

As you build relationships, constantly remind them you are in real estate.