no purchase price, theyre  sub2, so theyre assuming mortgage or working out a stop forclosure default payoff whatever with the current owner it can be dynamic with each situation. and costs are roughly 40/50k for the rehab usually not super expensive  all together, can get more expensive depending on situation but rehab usually isnt super expensive,   theyre pulling out 250k because there is always some margin between current mortgage and the ARV.  

It throws off the dynamic and will make your property really difficult to rent.

If you’re ready to manage guest turnover, dynamic pricing, and regulations, it can be profitable, but if your time is limited, you might consider mid- or long-term rentals for a more manageable start.My Take:Since you’re just getting started, I’d recommend keeping it simple:Go with a long-term or turnkey rental in a cash-flowing market (think Birmingham, Indianapolis, Citrus Springs FL, etc.)Use that first property to build confidence, systems, and passive incomeThen explore more active or complex strategies like STR or BRRRR if/when you’re readyHappy to always help with identifying the right markets or running numbers.You’re doing it right by taking the time to plan - excited for you to get that first deal under your belt!

This was some of the most grounded advice I’ve gotten so far, and I really appreciate you sharing it.Would love to learn more about how you handled these dynamics early on in your journey. 

Curious, does your app just offer visual inspo or does it link to actual SKUs or items for purchase? 

Quote from @Andrew Self: @Andrew Steffens so you are or are not recommending using a dynamic pricing tool?

Your agent can help you negotiate things like a post-closing occupancy (renting the home from the buyer for a set period) or flexible closing dates to help smooth out that transition as much as possible.Here’s a simple visual that can help you think through your options (see below):But the best way to determine what’s best for you and your specific situation?

It’s a unique market with its own dynamics, so I’d love to hear what you’re seeing there.Would you be open to exploring other Texas metros like Dallas, San Antonio, or Houston?

Some cities in Alabama are steadily growing; it is landlord-friendly, and the rental market is dynamic.

. - Rent by the room (called co-living by some): will usually get more rent than renting to an individual/couple/family but tenant dynamics (roommate situations) could be challenging- Buy a property with an ADU (accessory dwelling unit).