Higher interest rates on conventional loans may result, as the government backing currently helps keep rates low.

Hello everyone,I'm currently facing challenges in identifying and establishing my buy box criteria.

Focus and consistency are going to be your best friends.Also, I wouldn't tackle buy-and-holds right now unless you currently have a high cash flow revenue stream in place.

Currently active STR Lessons learned?

Also, I see about $30k going to the reserves each month, which is currently  at $650k.

Keep in mind travel time, repairs, and lifestyle to manage the out of state rental.

Paul, the deportation efforts aren't overly concerning personally because the few assets I have left in my current portfolio don't have a high immigrant resident profile (nor do the submarkets).  

The FEMA 50% rule does come into play, but we do a lot of ground-up construction, so some investors that do have some new build/heavy rehab experience are tearing down and building back to current codes.

Currently I own a large real estate company and still get some great value out being in his inner circle of real estate operators. 

My current plan is to stabilize this rental and aim to buy one property a year. what do you guys think of this deal and strategy?