It was a lot more money then expected in the fix-up of the Airbnb Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

hard money, renovation loan How did you add value to the deal?

Like anything else, it takes a lot more time and money than you think.

We introduced a new color scheme for our new construction homes.Once the exterior paint was finished, we realized that we strongly disliked the color we chose for the garage door.Easy fix, spend the money to repaint the garage door and update the color package for future homes.Hiccups like this happen every day in this industry.

@Christian Gibbs appears you're throwing good money after bad:(How did you come to own this house?

I’ll take free money anytime.

As a fellow Northerner, I tend to buy in the Southern half of the US for 2 reasons:1) you get much higher year-round occupancy rates in the South & it’s simply tough to earn a good ROI in the North if your place sits vacant for a big chunk of the year2) Culturally, the Southern half of the US seems to be a lot more accepting of STRs regulation-wise.

The way you figure out who is most active in a market is by just providing the best skip tracing service, and after a while our pitch is: do you want to save all that money on phone numbers and callers and let just just provide the deals you should show up at.

You also need 12-24 months of reserves so need to hold back some of your down payment money possibly depending on other assets that you may have.  

Spend LOTS of MONEY on mass marketingThe "rate locked affect" is limiting a large portion of the market and stopping transactions from happening.