In my eyes this would be great as she owes ~80k on the house at the moment and would be better to continue with the existing loan rather than starting a new one all together.

Thing is, how long was this investment around?

Quote from @Neha Mulkar: Hi BP Community,I wanted to share an update on our real estate journey and hopefully get some feedback or ideas.Here’s the situation:I currently have $30,000 available for a down payment and closing costs.My daughter is a junior at Georgia Tech, and we pay $6,000 per semester toward her expenses (around $12,000/year).We’ve been thinking hard about how to combine supporting her education with starting our real estate investment journey.Plan:We’re now looking to purchase a 4-bedroom apartment or townhouse in Westside Atlanta (30318 area).

Finally- my best performing STRs all have fun amenities- get a couple full size arcade games or set up a theater room with a projector and some big, cushy chairs.

@Zachary Salerno There’s sober living all over the country.

Colorado mountain sellers try to tell you all the time "it's been a great short-term rental" all the time, but the numbers don't lie.

Thanks in advance. we have one with fidelity and its easy to use and is paying around 4%

I usually start with 75-80% leverage because that is what my bank will allow and once my leverage is down to around 50%property due to improvements or market appreciation and/or loan pay down, I use it as collateral or cash-out refi to buy additional properties or I sell it to buy something bigger because I am focused on growing my business by expanding my portfolio.

I use buildium, it is on the cheaper side of the online platforms that help you coordinate all stuff within one place from request for maintenance and other stuff like emails to tenants.  

@Andrew Syrios & @Nick C., what all else you think?