I’m continuing to invest in real estate while also helping others achieve their real estate goals.

I’m ready to start investing in my personal life to achieve that financial freedom! 

I created the following decision tree diagram to illustrate the decision process (click to enlarge).The above decision process is based on the property’s performance record, with the goal of achieving financial freedom in mind.Financial freedom is not just replacing your current income.

This is often achieved with written documentation, such as a formal ROW request from TxDOT or other correspondence indicating that condemnation proceedings were possible if no settlement was reached.

Do you have a family member or friend who's achieved what you want to achieve?

I think you have to ask yourself what you're trying to achieve by refinancing at this point.

Strategic Purchase: Acquired a discounted double lot below market value with a $17k impact fee credit.Custom Design: Built a 6-bed, 5-bath home tailored for co-living or multi-gen use, maximizing tenant appeal.Efficient Management: Managed construction, and self-managed operations to minimize costs.Premium Marketing: Furnished the property and used multiple platforms to attract quality tenants quickly, achieving full occupancy.What was the outcome?

However if I do a BRRRR I can achieve infinite return by extracting all of my investment.

@Annie Anson To achieve active status for tax purposes on your short-term rental (STR) in Florida, you must meet IRS material participation rules, such as the 500-hour rule or the 100-hour rule where your involvement exceeds anyone else’s.

What will you do differently to achieve that goal?