It is basically a bet on inflation, so not using financing defeats the purpose.

From there, you can start building your basics: learning how to analyze deals, picking a market that fits your goals, and surrounding yourself with people who’ve done it before.

Basically I hunt for homes 5b+ with the intention of it being an intentional co-living space (by the room rental)...but I am currently niched in a specific type of care home.

Timeline on a basic turnover is typically 2-3 weeks.

Once you factor in typical reserves (5-8% vacancy, 5% maintenance, 5% cap-ex), you're basically breaking even or slightly negative cash flow.The real question is what's the $187k going to do for you?

If the lake is smaller then they might not be too popular if it is primarily a fishing lake.I would also add a general store with basics, bait, beer, food stuffs etc.

It's the basic formula for selling an online course that teaches you nothing you cannot learn on your own.

I'm currently in the market for a Tax Pro that can assist with my relatively basic returns and continue to assist with a tax strategy moving forward.

Sound like the perfect time to learn the ropes — local Birmingham landlord-tenant laws, property management basics, financing options, and rental-ready upgrades.

Bought our 1st in Mar 2024 (3 bed 2.5 bath 1182 sq ft) and 2nd in Sep 2025. (3 bed 2.5 bath 1384 sq ft)1st is across from Las Vegas High School in Sunrise Manor. 2nd is 5 minutes from Centennial Hills Hospital.1st rents for $1700 and 2nd for $1850.1st one we basically had to evict in Feb 2025 for lack of payment.