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.

This ability to absorb extreme events is due to things other than my cash flow (diversification).if I offered $10 for rolling a 6 on a 6 sided die, but you had to pay me $1 per roll, you likely would be willing to do this as long as I was willing to do it even though your chance of winning on any one roll is one out of 6.  

It works on second homes and investment properties.

I'd say it really depends on the property itself, is this a former tomoato or legal hemp facility that's pretty close to ready to go and used "out building" type setups? 

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.

I'm happy to hop on a call and discuss locations, strategy and although I'm licensed to sell in Mass and Maine I can suggest other realtors who can specifically assist with whatever niche you decide to go. 

I'd buy on either side.I wasn't too serious about the mugging comment.