@Rebekah Shields "Update the inside, up the rent.

When work needs to be done, we require the tenant to provide access.

This would be in central Jersey which is still a hot market as a result of record low inventory.I am planning to do this strategy since I want to put low money down (10%) on a construction loan and achieve a quick build to lower my holding fees. 

If you have a vacancy, do you want to wait a whole month before showing it to people again?

Are they a start-up, do they have any operational, how do they do at it, etc etc.. 

I think the most important thing to take away from this is conversation, is conversing.

@Brent Richardson, welcome to BP and the forums.

Quote from @Pranav Patel: Hello,I'm 22 years old with roughly $50k saved up through part time jobs and internships.

Hey Rebecca, I'm a broker and investor up in Sacramento and manage about 100 investment properties (STR and LTR).Many of my clients are high W2 earners seeking "bonus depreciation" to offset tax liability by investing in STR.

My question is how do most people make the jump to the 2nd STR property if you're generating $25k per year on the high end?