In a market like that where people are buying for pure cash flow the prices will move slowly and you won't see a 50% jump.

This is purely a testament to the success of marketing and branding efforts. 

Than we started to buy pure investments in addition to the personals turned rentals.  

In that asset class you are depending on things to save you that are trending against it.That said if the 30k completes a partial done rehab it might make sense but if it's a purely cosmetic one I would sell it now close to as is.

As an insurance agent myself, I find a lot of my investor clients are underinsured purely because no one has taken the time to explain what’s necessary and how insurance works

@Diana AgIf you are just interested in investing in a hotel purely as an investor, there are many projects out there where you can just invested as a Limited Partner.

There are two idea I’m batting around in my head right now to get started on my REI journey – I can do it purely on the investing side and become a private lender or a source of hard money loans to builders/developers (maybe that looks like funding a construction loan collecting interest payments while buying time to better understand the dynamics and build relationships) or I can JV/partner with a builder and get equity (upside on a flip/sale) which would be more hands on.Curious what ya’ll input, what you think is the best route for me to dip my toes into REI given my aforementioned situation and current market.

You spend $30,000 on these so your total cost of acquiring the rental property in a pure accounting sense is not $70,000 but $100,000.

So out of 1300 your total for debt service is $486Debt Service should be about $305 Leaving a pure cashflow amount of $181.The question is does this sound like a good turnkey investment?

This will demonstrate how the property performs as a pure rental, and it forces you to save.