Things that generate value whether you're working or not.

No this was a self generated deal and only worked with my lender and their senior underwriter to get the deal done.

One $1M STR may generate strong income but concentrates risk in one property and one market.

This is definitely a higher risk move than a quadplex househack, but with a good BRRR I would generate the same equity as the quadplex househack would generate over five years.

That's the reason I also own a business, because a business is literally generating cash. 

In order to generate positive cash flow, the purchase price would have to be in $500’s.

You need a two prong approach: real estate in-vesting and a cash generator, so you have money to actually in-vest.

Deals like this allow me to generate income immediately while holding long term as the area continues to How did you find this deal and how did you negotiate it?

Most learning in wholesaling comes from taking action and having real conversations.I work on the lead generation side and provide motivated and distressed seller leads to investors, and from what I see, consistency and follow up matter more than almost anything else.Happy to answer questions as you go, and good luck getting started.

Property generates some income via an STR and a commercial space, looking to put my small biz in part of the commercial space, and part of it you can live in.