Now rei reply is telling me to look in the back end of twilio website and cross reference API blah blah blah for every text I send and see what’s going on.

Or are you referring to there already being a lot of student rentals available, therefore the rent is closer to $300-$400 per room? 

As for the "Lazy 1031 exchange" reference, a true 1031 exchange allows you to defer capital gains taxes by reinvesting proceeds from the sale into another similar property, but that doesn’t seem to apply here since you're looking at using a passive loss instead of a like-kind exchange.

I like to look at each component of the process on an itemized level first so that when I do work with a developer I can have my own reference for all the bundled costs associated with the build proposal. 

Connect with @Joseph Chiofalo he’s done some STR loans there recently for those same clients and can refer you a local RE Broker.

@Imani Naomi since your other post references investing in MFR, you are probably looking for:Institutional Funds: there are financial ompanies that run pension funds, etc. looking for places to invest.

Happy to provide some references for those areas.

We finance a lot of the cabins in Hochatown and the two insurance providers that we refer are:Bobby and Becky Kelly, Oklahoma Farm Bureau in Broken BowBrad Nutt, Norment/Landers Insurance in Paris, TXBoth of them are well versed on the STR market. 

I was actually referring to rent-ready properties and trying to decide if there are still benefits to buying something at its peak value.  

What have property managers done for you that made you feel confident enough to refer them to other investors or agents?