Great question, Victoria.What I’m seeing play out most consistently right now is DSCR becoming the default lane, not because it’s trendy, but because it fits where the market actually is.Cash-flow coverage, realistic insurance numbers, and clean exits are getting deals done faster than income-heavy or overly structured loans.

Another angle is a short term bridge or rehab loan from a local bank (not hard money) that converts to a permanent loan after repairs. 

Our role as a property manager is to:1) Put the right people in the units; Meaning well-qualified applicants who have stable income/employment, positive rental, credit, eviction, and criminal records, and are a good fit for the property, while staying within the scope of fair housing laws. 2) Minimize vacancy and turnover3) Maximize rent and rent collections (and provide the tech to make this painless and easy for tenants and owners)4) Maintain the property and curb appeal (and provide the tech and staff to make maintenance responsive and relatively painless). 

Start from a positive, educational angle and assume there may be a misunderstanding.If they still refuse, you need to be firm and clearly communicate that they’re breaking the lease.

Do you think my numbers are realistic and will I be able to find a property in the Bay Area that fits my buy box?

You’re presenting an option that’s less work than traditional renting, with a tenant who has real skin in the game.If they’re hesitant to hand over the keys entirely, there’s also a co-hosting angle: “Some owners prefer to keep the STR in their name and just hire an operator to manage it.

Quote from @Kerry Noble Jr: So some investors are scared of rural areas unless the economic growth potential fits it.

The plumbing that was done for the suite is completely wrong, used undersized pvc for the toilet, incorrect fittings, etc.

With a solid entry price and room to improve the home’s appeal, it fit well within a renovation strategy aimed at repositioning properties for resale.How did you find this deal and how did you negotiate it?

I'm looking to fit a good investment.