In North Jersey, buying is difficult from my beginner perspective with high prices, property tax, etc.Barrier to entry feels high in my area.

not an expert at this.. but the few times i have rented STR I don't even look at reviewsI rent by price.. as its usually for a fishing trip and I just want a bed bathroom and close to the lake or river LOl could care less about a review. 

These are areas where you can cash flow in Columbus because the rent-to-price ratio is favorable.

In short: $4.25M Purchase Price. 15% down. 3.25% with seven years remaining. 

The only additional thing that needs to happen is make sure appraiser makes note of why the value increase in as is vs previous purchase price.

While it requires some extra coordination, it keeps their returns clean and operational costs transparent.If the fee feels too high, consider loan servicing software with modular pricing.

We have many efficincies under management with a ~10% vacancy rate with prices ranging from 485-625 depending on location property quality and amenities.

Currently, I'm in WA but due to the lack of good reasonable priced inventory for BRRRR, I'm drawn to out-of-state investing. 

I have found that they worked really well when it comes to getting better tenants and better rents, and having less hassle, less headaches, and then getting a higher sales price; without paying closing costs or realtor fees.

Here are the key numbers:Potential purchase price: Mid-$400k rangeAppraised value: Estimated at ~$500kRehabbed comparable properties (comps): ~$580-600kMonthly PITI (with 5% down, including mortgage insurance): ~$3400First-year PITI (with 2-1 buydown): ~$2900Monthly income (after taxes): ~4-5kLiving expenses (utilities, groceries, etc.): ~$1600Savings available: ~15-20% of the purchase priceCash to close: ~$34kRehab estimate: ~$34kRemaining reserves: ~$20-25kTo fully fund the rehab, I’d need to come up with an additional ~$15k in the short term, which I anticipate paying back quickly once the rental portion is generating income.