I personally have not heard of the website that you came across.

Do you own these properties in your personal name or through an LLC?

There is a large population of low income persons who are poorly integrated and somewhat centralized.

Right now, the best offers around me are for some 1.3-4 million, that only generated around 100k per year gross, so there would be a high chance of not cash flowing, and paying money, especially with a commercial loan (these buildings have more than 4 units).I was thinking that although the rental itself does not generate money, I would be able to deduct the mortgage interest, and depreciation from my personal w2 income and would be net positive.

@Malcolm Brown Are you planning to purchase a property in your personal name or via an LLC?

Personally I will not work with them specifically due to this fee.

I would personally put them in notice just because they never tried to communicate it on the back end of fixing it.

JeffWe lead a couple investor meet up groups in person and live stream about the Central Ohio real estate market.

Simplify the structure as much as possible, have clear roles and responsibilities that are not overlapping (meaning only one person is allowed to make certain decisions) and a clearly defined exit plan.

I would imagine Long Beach is complicated to get into the STR game but I don't personally invest there so not sure.