I work with real estate developers just like yourself looking to "scale", or whatever they define as "scale"...and it sounds as if you're wanting to do this.I can also to share an even more impressive story about an urban developer client of mine in KC that I helped last year do an 80% cash out refi on 40 urban SFRs with a local bank where he cashed out low 7 figures.

I curate a list of properties priced under $800K with the potential to generate six-figure gross income and share it with my clients.How did you finance this deal?

Here's some other info to keep in mind:TYPES OF RENTAL INVESTMENTSRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Why is Property Class so important for investors to understand and apply in their investing strategies?

But that brings your NOI to $32,850.Your debt service is $29,820.So, at these figures, your cash flow is $252/month.You also have the expense of rehabbing/furnishing it that you need to determine the break even point for, based upon the monthly cash flow.

@Cole JenningsRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Why is Property Class so important for investors to understand and apply in their investing strategies?

In regards to the pricing strategy of the top performing listings in Music Row, I have attached below a chart representing how their daily rates vary thoughout the year for a 7-day booking: I did the same with the cleaning fee (per day of booking) below: With all these figures, I build a financial case study for a 1 bed / 1 bath property listed in Zillow at $385,000. 

@Adair HolquistRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding area of the city to invest in.Why is Property Class so important for investors to understand and apply in their investing strategies?

@Tona SanchezRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Why is Property Class so important for investors to understand and apply in their investing strategies?

Quote from @Matthew Platon: Hey Leroy, I'm very similar position as you and trying to figure out a way to getting my hands on another property.

It should be pretty easy to figure it out.