Eventually repeating the process and getting your own home. 

especially if you plan to leave and keep it as a rental you'll want to make sure the condo association does not forbid what you eventually plan to do with it, ie ltr, str, mtr etc. 

The tenant revenue covers the monitoring and creates a payback period that eventually recoups that installation fee and flips the system into Net Positive NOI.Regarding the Pilot:I'm actually looking to prove this "Net NOI" model on a pilot property here in DFW (10-20 units).

During my appraisal, the appraiser noted that one of the living areas had been converted into a bedroom, which flagged the property as a potential “rooming house.”

My long-term plan is to build a house (and a few additional structures) on one of those properties and eventually retire there.I would like to act as the owner-builder.

  " "This is a new suburb,mostly farmlands ,converted to residential zone .

@Vitaliy ZimaIn C markets typical kitchens, bathrooms and the best way to increase ARV is to take a two bedroom with enough square footage and convert to a 3 bedroom.

Whether you keep it, refinance it, or eventually redeploy the capital, making the next decision based on today’s numbers — not the purchase decision — usually brings a lot more clarity.

For me, I would want them to OWN real estate because an unpaid judgment could become a lien on that and eventually force payment.

Interesting data - I still wonder where the western NC second home market is going to settle out from all of this.100%+ price increases since 2019, prices seem down a little from the 2023 peak, but it also looks like a seller's strike in the market I'm occasionally looking in.Not that many listings, still elevated prices, and properties either get pulled after 3-4 months or there's a grindy sales process and eventually someone buys for a little less than the previous comp.