Your insights on pricing, the differences between STR and MTR, and especially the importance of calendar management have really opened our eyes to things we hadn’t considered before.

Lenders will be looking for DCR covenant of at least 1.2%.

🤔Areas that Work (With Strategy): ApexCity Rules: Relatively ignores STR.HOAs: Apex has a high prevalence of Homeowners Associations (HOAs), many of which have covenants that restrict or prohibit STRs.

Hey everyone —
We’re actively expanding our portfolio into student housing and building long-term buy-and-hold strategies around Tier-2 and SEC campus markets.
Target Criteria:

80+ units (purpose-built or conve...

Fortunately, the building was already framed so I didn't get hit with extreme overages, but the delays did cause me to miss the sales covenant.

Great question — I see investors wrestling with all three, but the toughest one usually depends on where you’re at in the cycle: Loan Structure: Right now, DSCR and covenants are killing some deals.

I've heard of options like seller financing, lease options, covenants, DSCR loans, or working with private lenders, but I'm not sure what's realistic for a property like this.

Every visit isn’t just about cleaning; it’s also an opportunity to spot and report back problems before they spiral.Curious how others here handle it:Do you just focus on keeping things clean, or do you also expect someone to keep an eye out for damage/issues?

It honestly brings a tear to my eye to think about what could come if I keep working hard.

I’ve been keeping a close eye on Middle TN and noticed some strong activity in areas just outside of Nashville.