Whether inspections are done in person or through an app, make sure you understand the process and what it includes.How often do they inspect the exterior of the property?

Ongoing capital expenditures are necessary to remain competitive, especially as guest expectations evolve.Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice.

GR has one of the most balanced mixes I’ve seen: affordability, solid cash flow, very low vacancy, steady rent growth, a diversified job market, and ongoing investment in the city.

Start with your processes and workflow and what you want the CRM to do.

There is a specific process for doing that properly.

We have spoken to several and right now - many are not allowing you to sell to them directly and are wanting you to broker it so they do the underwriting and processing because of some of the issues that are going around in the DSCR space. we do have one correspondent relationship but we have to do $5M a month min with them and had to have $25M net worth.Note that these buyers do have buyback clauses in them that typically have 6 month buy back if borrower misses a payment or any type of error in loan docs.  

Also, factor in ongoing operational costs like insurance, maintenance, and utilities.

. - Seek active, turn-key STRs with transferrable permits or a very straightforward permitting process.

Quote from @Justin Bul: BiggerPockets, I am in the midst of the counter-offer process on an acquisition of a SFH in Southern Kentucky.

Has taken a long time to get thru the Country subdivision process.