Our strongest case is that our bank appraisal says it should be much lower.

It may pencil out if you're building an extra unit, but just a single bedroom is not going to work.

Cold calling is almost a forgotten tactic but its the strongest marketing tool in most cases.When it comes to land you can find the owner of lots through the county assessor or tax records under owners.

@Rajendran Subramaniam looking at it from a 7-10 year lens I'd say the Texas market would provide the strongest return and that'll mainly be through appreciation.

Many lenders require buyers to occupy the home within 60 days, so confirming the lease timeline will be important to attract the best buyer and the strongest offer.

Additionally, FHA usually isn't the strongest type of financing and sellers don't like it as much because there's a lot more financing restrictions and the house needs to be pretty much turnkey.

He installed doors on the living room to turn it into an extra bedroom.

Paying cash is safe and admirable, but it totally takes away this strongest tool of real estate investing.If I asked you if you could figure out a way to earn a higher rate of return than 7%, then you should be pulling equity out and rolling it into another.

The price difference is small, so I’m debating whether the extra square footage and rent justify the additional effort or if sticking with a three bed, two bath is simpler.

And sure enough, they're not the same thing.Adding an extra layer of getting a document signed outside of Airbnb or VRBO is just going to create headaches.