Tempted to buy a rehabbed home on Zillow

[Carolyn L Delli Santi]

Hi Everyone! I am strategizing my first investment and am tempted to buy a property through an agent for a STR. The home is already rehabbed and ready to go. There are many opportunities in the area for fix and hold, but my son already owns a dozen rental income properties in the city and the last one took him ten months to rehabbed because of labor shortages and supply chain issues. My son also has a property management company and believes the home will rent ST for at least 1% of the PP. I know I will be spending much less on a fixer, but I don't want to have to deal with the unknown costs and timing of a rehab. Thank you for your feedback!