The best I've seen for STRs is 80LTV on purchase and 75LTV on cash outs. 

For smaller investment amounts, we often see investors providing private loans or notes to other investors for their projects, which can offer attractive returns with the right due diligence.

Are you starting with some available capital or other investments that you can turn into cash to buy a deal?

Purchase price: $932,500 Cash invested: $450,000 20-unit building converting from LTR to fully furnished MTR/STR.

I just want to get the management side of things right if I were to commit virtually all of my resources to it.Best,Dustin The rule of thumb is somewhere between 80 and 150 units is when you will need FT maintenance (depending on age and amount of deferred maintenance). 

They legally have to have this document filled out if they pay you more than a certain amount over the period of 12 months.

So the idea of doing this all from afar is a bit daunting, however, I know the most important thing here will be to create a great team and outsource as much as possible.I have set my sights on a couple of different markets being in the Southeast and the Midwest; these markets seem to provide the cash flow I am initially interested in generating to value add to the properties I purchase.

Purchase price: $245,000 Cash invested: $80,000 I served as the buyer's agent acquiring this property.

My next question is what kind of cash do you have available? 

There are a few that do not have any seasoning requirement on a cash out refinance as long was there was rehab completed on the property.