Hello fellow investors, how much do you typically spend to fully furnish a 3-bedroom, 2-bath STR home, and what effective strategies have you used to keep furnishing costs down?

My question is what are typical things you look for in a "good" title company?

Both asset types can build wealth, but they behave differently, require different levels of operational resilience, and serve different phases of an investor’s long-term strategy.Understanding how they differ is essential for building a portfolio that supports your risk tolerance, your desired level of involvement, and the cash flow you expect.

What I'm getting at here is in my previous market essentially anything in a C+ area with a 10% cap rate on a 20% down mortgage would be a sure fire sale.

They don’t usually foreclose like mezz— they take over control rights if things go sideways.Ideal for:Ground-up or heavy value-add where cash flow is lumpyDeals where senior lenders cap leverageSponsors who need flexibility on timing of returnsThe real deciding factor: cash-flow timing vs. controlIf you can make regular payments but don’t want to dilute ownership → MezzanineIf you can’t guarantee near-term cash flow but need capital to close the gap → Preferred EquityIf your senior lender forbids mezzanine (which happens often) → Preferred Equity is the workaroundOne more nuance most posts miss:Preferred equity comes in two flavors:Soft Pref – economic preference, no takeover rightsHard Pref – essentially mezzanine equity with control triggersUnderstanding which version you have matters just as much as the return.Both tools are powerful, if you pick the wrong one for the wrong project, it can wreck your risk profile.

-Typical payor mix (private pay vs Medicaid) and target occupancy-Are you doing conversions or ground-up, and what deal sizes you like?

.- They charge me for getting estimates, even though PMs typically get them for free because of their volume.- They don’t get second estimates, so I can’t be sure their pricing is competitive.- They won’t visit the property to assess issues in person.- Refused to do rental showings despite written permission from my long-term existing tenant.

This can result in properties acquired at or above market value, inflated projections on returns and cash flow, and limited support for essential aspects like insurance setup or LLC formation.In contrast, focusing on providers with a specialized approach to a single market can offer significant advantages.

Essentially, it's not at the same level of intelligence across industries.Replacing critical components of my business, that determine my livelihood, with AI is a hard sell for me right now.

Extremely low.This neighborhood is full of:Garage conversionsBasement-like suitesNon-conforming ADUsRent-by-room setups“One ADU on paper, two ADU in use” situationsCode enforcement in Tampa typically acts only when:There are complaints, orYou do unpermitted structural workIf you stay compliant on the building side, the risk is minimal.7.