That mid-range investor if doing a fund in that range is going to be very difficult to find enough product, cover your overhead and pay the investors. 

Many families, including my wife’s family, migrated here and laid roots in the early to mid-1900s.

We rent out the bottom unit LTR with long term tenant and are looking to move out of upper unit and make it a mid term rental.

for example a 4 bedroom 2 bath could work great as a rent-by-room, but would be much tougher to fill as a mid-term rental. 

So average balances in the bank in the low to mid 7 figures is how you do these deals.

Now in mid 2023, any new insights about this company?  

I had about 1 million cash to invest, didn’t want to take a loan, and always purchase in one coastal mid Atlantic area where I have connections, know the market, and growth prospects are strong.  

I’ve identified a fantastic market opportunity in mid-term student rentals in Alicante, Spain, with tenants typically staying 5-10 months per year.

If you are holding, do you want to do Long term, Mid term, or Short term rentals?

I've had agents surprisingly show up at houses mid rehab at like 11am and no one was there, then you call the GC and he is like shocked this is happening.