This ensures you have the necessary funds upfront to make competitive offers without additional financial strain.Comprehensive SupportOur support includes:100% Financing: We cover acquisition and rehab costs.No Monthly Payments: We aim to alleviate the financial burden during the project.Covering Closing Costs and Inspections: This ensures you’re not out of pocket for these critical expenses.Skip Trace System: Helps you find and secure the best deals.Coaching and Systems: Ongoing support to guide you through each step of your real estate journey.Reviewing the AgreementIf you didn't see earnest money in the agreement, it might be worth revisiting or asking for clarification.

Learning curves take both time and energy to get into the grit of a business to learn how to best monetize, figure out competitive rates, and de-riddle a hands off approach.

:) You probably have alot more info than your competition, so it might work out to be a good one for you.

This area has a very big Asian market and can be marketed to buyers from China etc.Well, I guess this puts us in competition with local developer builders.I'm seeking guidance on how Bp'ers would look for suitable properties that could be torn down ( or partially ) or rehabbed.

So those new hires will be going to work at a competitive wage, to who will take and fill the job for less than anyone else.

With airbnb listings being so visible, I also think it's a just a matter of time before all the munis start to go after these kinds of rentals for business licenses and hotel taxes, etc.Check out airbnb for other units in your neighborhood to get an idea for prices and competition.

If investors could use retail-level GCs and still make a profit, I'd have a lot more competition, as this would be an easy business and everyone in the world would be doing it successfully...

There is stiff competition during the auctions.  

@John Warren, I don't necessarily think it is a bad idea to get your feet wet with 2-4 units before scaling into apartment buildings.You should check out this lender in Chicago which lends 80% ltv for commercial units and can also include rehab costs in loan, AND provides a take out fixed rate of rehab loan that is very competitive.

Also, what is the competition like and what is the demand for STRs in your market.Horror stories?