I could do a fix & flip, STR, rental just about anything you do with a house.That’s why you need money to do Subject To, the right way, wisely & legally.If you would like a copy of the spreadsheet so you can calculate your potential profit when you do Subject Tos, and how much money you should be working with, send me a DM with your email address (don’t post it here, that’s crazy to do ;-) ) and I’ll send you the spread sheet.

A wise man once said......Anyone in the Sub2 game is trash.

Quote from @Remington Lyman: Quote from @James Wise: Quote from @Remington Lyman: Quote from @James Wise: Quote from @Jesse Tourino: Hello everyone my name is Jesse, I'm new to RE investing and currently looking at potentially investing out of state like in Montgomery Alabama.

While I’m still learning about distressed assets, I am interested in connecting with experienced members who have navigated these investments or partnered on deals.I’m especially curious about:Strategies for sourcing and evaluating loans coming due before maturityInsights into distressed commercial properties and how partnerships typically workBest practices when considering pre-foreclosure properties and their risksI’m eager to learn and potentially form partnerships to approach these complex asset classes wisely.

Here’s how I’d think about it:Relative Homestead route:You get the tax perks: homestead status usually means lower property taxes, plus you can still deduct mortgage interest.It’s simpler paperwork-wise — no leases, no rental registration, no landlord compliance hoops.Friends kicking in “help with expenses” is more like cost-sharing than formal rental income.Official Rental route:You’d be treating it as a true investment property.

Even though I just closed I am sure you can all relate investor wise that I feel the need to start working on the 2nd prop asap.Looks like most lenders want 20% down to begin.

It’s the quiet confidence that comes from preparation and perspective aligning.In today’s real estate landscape, rates may soften, borrowing might get easier, and opportunities could open for those who’ve positioned themselves wisely.

Whatever you do marketing wise just keep it consistent and know you're going to have to put time money and effort into it. 

Also, Fall Break is mostly families going on vacation and your place leans more to a young family of 4 or two couples going to the beach. rough estimates on your place rental wise is around $24k/yr gross rent. and its out of season right now, everyone is hurting for bookings.

A key first step is figuring out which of your earnings are passive versus non-passive, so you can plan your investments and taxes wisely.