Referrals from other investors are also super valuable since you’ll get honest feedback from their own experiences.

They are super helpful, provide so many forms online necessary for the start up.

That being said, in a lot of Midwest markets, including Columbus, Ohio, 100-year-old houses are super common and investors buy them all the time because the numbers still work—many of them were built solidly and have already had major systems updated over the years.

But I guess no need to be super aggressive on paying down existing student/car loan since there could be other unexpected expenses not accounted for.You're saying the extra $150 in cash flow is too risky given the thin margin?

Granted I am also super tech savvy lol

My super rough screening method for properties is a revenue-to-price ratio of 10%.

This is a super important question and it doesn't just apply to contractors.

At least twice per month I have new clients call me and think they have a super good idea to buy an STR near the parks. 

Let's say you can get $1,000 per month in cash flow and your equity is $300,000, you'd be getting a 4% return on equity which isn't super high.

Investment Info:

Single-family residence buy & hold investment in Fort Pierce.

4/2 cbs property, with a non paying tenant and an old roof. Couldn't get insurance to finance. The seller was so sick of t...