Consistency beats intensity here—follow one course until successful, then scale.

Snow: Hello,I am currently looking at ways to expand my portfolio and also do a few flips that may work out.

STR is more money & time intensive than MTR, which is more money & time intensive than LTR.Both STR & MTR require furnishings, which require you to research what the competition is providing - to match or exceed. 

6) Network with local PMCs and work out a referral fee that goes both ways.

MTRs (medium-term rentals) can be a great strategy for steady cash flow without the hands-on intensity of short-term rentals.

If you’re set on STRs, start small: look for markets with year-round demand (near hospitals, colleges, or business hubs) to reduce seasonality risk.BRRRR can work, but it's capital- and time-intensive.

Before you wire, verify the full collateral file, chain of title, enforceability, current value, and a clear Plan A/Plan B, then start with a small test buy to prove your workout and servicing process.

You can either be a man and work out a deal or be foolish and spent tons of money and time and lose control of the property all for your ego...

Otherwise, putting down 25% can be capital intensive if you're not doing any value add. 

These forms of financing still work out, but the rates are typically not as friendly.