Some investors love the simplicity of DealMachine for driving for dollars, while others lean on REISift for list stacking and data hygiene.

It will also not last forever,...only until your property has 25% equity built up.So, the answer is based on taking your cash in, either 10 or 25% down, and seeing how long it takes to recover your cash based on the different cash flows. 

The decision between buying a true investment property vs. a second home with STR income depends a lot on how you plan to use it—and how much you want the IRS involved in that definition.Here’s a quick breakdown to help you compare: Option 1: Second Home w/ STR IncomeYou stay in the property personally (including friends/family time).You can still rent it out, but personal use impacts tax deductions.If you use it more than 14 days OR more than 10% of total rental days, it’s considered a personal residence with rental activity under IRS rules.Pros:May qualify for second home mortgage rates (usually lower than investment)You get personal use flexibilityCons:Rental-related expenses must be prorated based on personal useLess tax write-off potential (can’t take passive loss deductions unless it qualifies as a business) Option 2: Pure Investment Property (STR Business)You limit or eliminate personal use.The property is treated as a rental business under the IRS.You can write off:DepreciationManagement feesTravel to inspect/manageSupplies, repairs, and morePros:More robust tax benefitsClearer cash flow analysisEasier to grow into multiple unitsCons:No personal use flexibility without triggering IRS reclassificationOften comes with slightly higher lending rates or down payment requirements Where to Start:Talk to a STR-friendly CPA – This is huge.

I’m looking for some input on a seller finance deal I did couple of years ago (prior to joining Subto).

I’m trying to follow the BRRRR method and build real wealth, not just hold onto properties that “look good” on paper. 

It works on second homes and investment properties.

I'd focus on the 'value'. 

It’s about assessing whether the environment supports property rights, enforceable contracts, and predictability in how assets are managed.For those who invest in New York or have exited New York or stayed on the sidelines like me, do you see any reason to reconsider?

Using the “Connect with a Lender” feature on here I unfortunately hardly receive any responses—or the ones I do get don't have the time to answer my questions.I am 20 years old and this will be my second investment property after the house hack I purchased last year is treating me very well! 

I’m focused on finding cash-flowing deals and connecting with realtors, wholesalers, and other investors who work with investor clients.