My goal is to upscale eventually. 

If it can’t easily convert to another light industrial or flex use, your tenant pool stays thin.

Hello,I am under contract for a 4200 sq ft house that I plan to convert to an 11 bedroom, 5 bathroom co-living PadSplit house.

Hey BP community,I wanted to share what we’re seeing work right now when it comes to cold calling and seller outreach.Over the last few months, we’ve been running targeted cold-calling campaigns for investors across different niches, and a few things consistently stand out:• List quality beats volume every time• Clean data + clear seller pain points matter more than scripts• Speed to follow-up is what actually converts “maybe” sellers• Consistency > one-off call blitzesWe focus heavily on list pulling, skip tracing, and trained callers so investors spend their time on appointments and deals—not chasing bad leads.Curious to hear from others here:What outreach methods are working best for you in 2025—cold calling, SMS, PPC, or referrals?

Stewart is strong and the property covers expenses while the loan is being paid down, that is a solid long-term hold.Buying at each duty station and converting to rentals is a proven military wealth building strategy.

So many I know have exited the business while new "so called gurus and house wholesaling gurus are teaching land flipping and bringing in a million newbies to replace those whom have left. always remember that stragedies with low barrier to entry eventually become saturated.

And yes — the asset can still be used personally by you or your family if you ever choose.The misconception is that buying a property and listing it is “easy.”The reality is that it’s no way to truly maximize profit or generate repeat business.When structured correctly, STR assets can offer:• Higher cash flow than traditional long-term rentals• Flexible exit strategies (sell, refinance, or convert to LTR/MTR)• Accelerated equity growth• Strong tax advantages through depreciation• Demand driven by tourism, business travel, healthcare, and eventsBut the real money is made before you buy: Market and regulation analysis Zoning and municipality compliance Demand drivers, seasonality, and ADR Acquisition pricing and rehab budgeting Operational systems and managementSTR success isn’t luck — it’s strategy, underwriting, and execution.Real estate rewards the educated operator, not the hopeful investor. 

For flips, the IRS focuses heavily on intent and activity, so entity choice alone doesn’t automatically convert ordinary income into something more favorable. 

Moving your cash (eventually other people's cash) from the start through future deals, over and over again. 

Price wise, it's a good deal with potential to convert duplex down.. with 5% down, it's a bit of high risk for your client, I hope s/he knows what s/he's doing...