While real estate is technically the largest asset for many, especially homeowners, its value is often more passive and abstract unless it's actively leveraged.For the average homeowner, that equity just sits there—not generating cash flow, not being reinvested, and in many cases, not even fully understood.

Utility VerificationWater, sewage, electricity, and road access must be legal and functional.

Jaylin, Great work on those two properties, can you describe how these house hacks functioned for you and how you were able to procure the deal, house hack, and make it into an investment?

To be clear, a seasoned investor is not using a, please match me function on the featured agent BP program.

So given the focus, there is a performance function and aspect of things.

Another thing I'd note in general with BRRRRs, assuming you're using lending/hard money, I would always get the big ticket functional/mechanical costs done during the renovations.

And I would ask about the layout, if it functionally makes sense.Those are some of the big hitters I can think of.

Quote from @Mitch Davidson: @Mike Lattier While I think the misperception that we haven't fully recovered from Helene is still negatively impacting our tourism and STR bookings, and while I think some of the slowdown is partially a reset to pre-pandemic demand, I believe the largest issue at the moment is national and economic, meaning that economic uncertainty, coupled with rising costs and unrelenting interest rates, is causing a severe decline in discretionary spending, especially among those we might deem middle-class according to income, which would apply to most of my past guests in Bryson City. 

As we continue into a 2019-2018 style market (more inventory and less demand), you need to be very cautious on not only price you buy at when you buy, but the location is key even more than it was 2-3 years ago and functionality of the house too. 

At this point I know how to set up and operate a functional Airbnb, but it's my first time actually buying property so there's definitely going to be a learning curve there.