North and North West areas of knox county have been my bread and butter for buy and holds and flips.

Based just on income and rent, he can't afford the unit long term, and he likely knows that.

Hi all,I'm making a trip to KS (from CO) in a few weeks and will be seriously considering a few properties to be used as BRRR's and for mid term rentals.Question for this group:a.

There’s more hoops to jump through in terms of inspections and a lot of hurdles.

The local banker pulled a few strings and helped them secure a short-term loan while things got sorted out.

Stores in Connecticut, Delaware, Maryland, Massachusetts, New Jersey, New York, and Virginia are holding liquidation sales.Buy Buy Baby originally closed in 2022 as part of Bed Bath & Beyond's bankruptcy.

Probably just keep it in a cd for short term. 

The choice depends on readiness, experience, and long-term goals.Good luck!

A simple 5% return per year gets you $50k/year...and you still have the $1M to adjust to inflation by reinvesting into different vehicles along the way.Focusing on taking the long term returns ($$$/year) can be a better choice, but you have to look at the long term impact with all your options, compare them, and then make a choice.Do you think they teach that in school now? 

The key is to start with a solid foundation—understanding the basics will set you up for long-term success.