Let's use the 50% rule and get to $3,750Use the 1% rule and we get to a purchase price of $375,000 each.Now the simple multiplication of $375,000 X 4 = 1.5MSoooo, head ache and paint of 30 lower end (B/C class) tenants or 4 higher end tenants ($375K in DFW are very nice houses in good neighborhoods)?

Hi Jimmy,I'm a Licensed Associate Broker in New York State, specifically doing deals in Manhattan.

White you are admittedly in over your head.

The associate underwriters are generally pretty green and don't have much of a finance background.

-What types of expenses are associated with Airbnb that we may not have considered? 

. :-)Also, if you get a negative inspection that you don't agree with, you can always attempt to override it by going over the inspector's head to whoever's in charge of the building dept.

In my city vacancy rates are tracked by our apartment owners association using surveys.

If you think it's a solid opportunity, move forward with a full property inspection, and again, de-brief with your agent and firm up all associated repair costs before the inspection contingency expires...exit the deal if you need to, or stay the course.This is a joint effort lead entirely by your agent...very structured.

Hi everyone,I currently work as a Commercial Real Estate Associate (I do not have my RE License yet, however I will obtain it within the next month).

My condo/rental association is claiming damages for move out.