Installing fire stoppers (also known as stove fire suppressors or range hood fire stops) can be a simple and affordable way to prevent a small cooking mishap from turning into a full-blown disaster.Fire stoppers are compact, automatic fire suppression devices that attach directly under your stove’s range hood or above each burner.

Are you still seeing appetite from private lenders, or has your pipeline slowed down? 

Each carrier has unique risk appetites, which is why a local broker is often the recommendation.

The ideal home price for you will depend on: 1) downpayment size 2) risk appetite, 3) preference for more cash flow or appreciation.Given our price points, our investors need to have 35-45K to start, on average.The typical cash-on-cash return on our properties net of loan payments, insurance, taxes, and property management fees is 6-8%.Ultimately, you can obtain financing from any lender, although we have partner lenders that can provide very competitive rates.

A first-time buyer doesn’t have the cash, skill, or appetite to take those on.

Different lenders have different appetites, so sometimes it’s just about matching the right deal with the right capital source.A couple things to keep in mind:For first-time investors, lenders generally look more closely at your budget, contractor plan, and comps, so having those tight can help.Rural areas require lenders who understand that market type—many big-box lenders won’t touch them, but niche lenders will.

Are there any lenders out there that have experience with this and the appetite to fund the purchase and conversion? 

It’s also important to confirm that there’s actually an appetite for the tax benefit; this strategy tends to make the most sense once you’re in a higher / highest tax bracket.

My small true log cabin is higher per sq ft to insure than my 5,000 sq ft indoor pool cabins, made with log look concrete siding and monitored fire suppression. 

But in others, it’s just a mismatch of structure or risk appetite.