You're in charge of this hands-on approach.

I’ve worked with investors who faced similar permit issues, and what worked for them was approaching the local municipality with transparency.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

I'm just beginning my learning journey and want to make sure I approach things with the right perspective.

The streamlined approach minimized holding costs and maximized efficiency, proving the power of our strategy in identifying and executing quick-turn deals.

What would be my best approach, I assume find a private lender and work out some deal with them.

@Jackson Pudlo I have house hacked both ways, during my 20s and 30s in large SFHs and now as I’m approaching 50 I’m in a duplex where I rent one side and have a tenant in the other.

Looking for feedback on an approach to help grow my hospitality portfolio.   

We approach each eviction the same way and have our playbook every time a resident gets behind on rent. 

Learning the ins and outs while keeping an eye out for a great deal is a smart approach—knowledge and patience go a long way in this space.