In my experience like other things you get what you pay for. if you go with the companies that are charging super cheap rates - 5%, $100/month or something like that they don't have enough income to sustain a supportive team to actually help you manage your home. 10% is the going rate it seems in the city and that is where the better companies tend to exist. 

DSCR purchase loans for existing Padsplit properties that have rental history, AND fix and flip loans that I will need to refinance into DSCR for properties I will turn into Padsplits.   

Just a quick tip -  you can leverage your existing network of title companies, lenders, and other real estate agents to find off market deals.

We have operated STRs since 1999 and they had been around long before then (STEs have existed for many decades).  

We added windows to two rooms that previously had none and replaced 3 existing ones.

My partner and I both have 9-5 jobs with mine requiring work travel, so it has been a challenge attending local meet-ups regularly; which is why I am so glad this platform exists to help us network! 

The right wholesaler that knows how to properly calculate a SOW (scope of work) to gain the rehab budget, generate an ARV from local comps and not want to get rich on every deal is NOT easy to find....but, they do exist.

So is there any disadvantages you see to using a property manager for student rentals.Please advise - Thanks - Benny1.One of the many reasons I use 1 lease is that all of the kids that come to me show up as pre-existing friends.

This is what I’m seeing in the market: Leaning on existing lender relationships is generally the path towards originations these days.

Finally, confirm if there are any existing service contracts (for landscaping, pest control, etc.) that may need to be transferred or canceled.