Survey of mortgage terms (click to enlarge):From left to right, 1.25 points, 1.5 points, 1 point but $41k in fees.Prepayment penalty: 5 years declining, none, 2 year lockout followed by 10 years defeasance.Commentary/review/discussion: I tried to provide three very different options here, but all still real ways that people actually acquire such assets.

(Click to enlarge.)So, if you purchased a property whose characteristics match the housing requirements of the Transient segment, you would likely lose a lot of money—no matter how cheap the property.

Going to zero debt is a waste of capital to me as it could have been productively deployed for various other activities, eg further investments, long term capital improvements, enlarging my wine cellar and adding more customs stamps to my passport :grin:

The diagram below illustrates this cause-and-effect relationship (click to enlarge).Also, the goal of real estate investing is not to own property.

Plumber, electrician, general maintenance.My current team is costing me too much money because they are slow and quality is pore.

(click to enlarge)Bottom LineEvaluate the property based on whether it will enable you to achieve financial freedom.

(and do deal splits with those sellers, more "in the know") and by enlarge "help people," but was pointing- out that while "buy- n- hold" is a great long term strategy, why put all your eggs in that (one) basket?

@Jonathan Taylor hello, My name is Corey Pore.

If you're going for a larger rehab, adding an ADU or doing an enlargement also provides a good return, although it is smaller than what we've seen before, around 50% ROI.We're a private lender.

I have friends who are blind, they scan documents in a computer to make the printed word audible or use a device that enlarges documents to the point where they can read them.