Here's how I do my due diligence:1) Portfolio matching: (takes 30 seconds per deal)a) Have an educated opinion on where I think we are in the real estate cycles (financial and physical market cycles)b) Then and only then do I pick the strategies, capital stack, and specialized asset subclasses that make sense for that opinion.

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i specialize in house hacking since 2024. i'm gonna house hack my way to the top!

Start small, ensure your numbers (purchase + rehab + holding + selling costs) leave room for profit, and build a reliable team (contractor, agent, lender).For financing, work with lenders who specialize in fix-and-flips. 

Short-term rentals of non-owner-occupied properties will also require a special use variance which is obtainable by starting with the completion of an application in the Zoning Department."

Assets identified in this study include:Appliances: Dishwasher, microwave, oven, refrigerator, garbage disposals, rangesInterior Finishes: countertops, ceiling vans, vinyl plank flooringFurniture and Fixtures: shelving, built in cabinetry and decorative light fixtures, blinds, shuttersSpecialized Equipment: Electrical systems and specialized wiring, television connectionsSecurity and Communication Systems: alarm clock outlets4.92% of the total depreciable basis was classified as 15-year class life.

Thanks,  I couldn’t tell you specially if that’s too high or not.

There are also smaller brokerages that may specialize in this.Actually, that would be ideal.

You can find one that specializes in STRs. 

Self managed HOAs are usually undercapitalized so you want to take a thorough review of the condition of the community to make sure there isn’t deferred maintenance because you might get hit with a special assessment if the board isn’t setting aside cash for those capital improvements.At face value, taking into consideration my typical financial objectives, I wouldn’t do this deal unless it was a much lower price.