Money Money Money

It takes money to start in this industry. You can go the rental arbitrage route, but you should have six months of the rent payments saved up in order to start down that road. The other options are to purchase a home to rent out or manage someone else's home. I have decided most likely to start by renting a room in my home once we purchase our house. In the meantime, I will be saving as much money as possible in order to purchase a vacation rental to manage. I have started saving but am not close to where I need to be. So let's get saving, especially since starting the business would be a bad idea during the height of COVID-19 pandemic.