You can find higher ROI (on paper) here and probably in other cities…but the probability of actually collecting rent significantly decreases.

Covid saw an increase in second-home purchases and Airbnb investments, and those have increased the supply of STRs and vacation rentals in most markets, which inversely has decreased revenues and average daily rates for most hosts. 

Working with someone that knows the ins-outs of the market is what you need to do when doing flips, what are the comps, what is going on with that HOA that could cause to decrease the sales price, what the actual model match or close to it sold for...

Any chance you can increase rents or decrease costs a little get positive cashflow here? 

Rates will most likely continue to decrease but not at a rapid rate.

If I could put down more money obviously that would decrease mortgage but I need some left over for closing etc I cannot believe that some people with thousands up up votes think this could be a good opportunity.Here are some thoughts/comments:- At current rate and those rent points, 1% is large cash flow negative at high LTV.- market rent is ~$2400/month but PITI is $2150. 

We keep making those lists for the biggest rent decreases, highest vacancy, etc.

You can find higher ROI (on paper) here and probably in other cities…but the probability of actually collecting rent significantly decreases.

Hopefully someone with tax accounting knowledge can jump in here with more detailed analysis, but I looked at this a bit several years ago...1) You still have to pay the depreciation recapture on the sale decreasing the net benefit of this approach due to the large tax payment in the 'sale' year2) The LLC would need to not be a passthrough entity so that it can be taxed separately from you, so you have to add another tax return cost for the years going ahead3) Taxing it separately from you likely means corporate status and corp. taxation rates which are higher than yours and I've heard many times over the years to avoid titling real property as a corp...Overall from what I've seen this only makes sense in a select few scenarios, which for most people aren't in play. 

The fees are built into the portfolio where the sponsor earns on their spread over the actual yield to investor, so there is no decrease to capital going into the portfolio.