Our team also focuses heavy on STR management and assisting in renovation to get higher dollars per night.Let me know if you free for a call sometime.

Larger company -- tried to escalate to the owner. 

@Kris Lou Be careful with agents as 95%+ of them really only know how to handle owner-occupied transactions.We don't do biz in Indianapolis, so this is unbiased info we hope you find useful:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

So I sat on the sidelines being very impatient.While I looked for deals of 8 units or larger in Wisconsin, Michigan and Indiana I let my cash build up.

From my experience investing in mid-tier and luxury hotels much larger is you need about 70% to make ends meet, you start getting happy about the investment about 80% and around 85-90% you fell like you are a genius. 

You will be going up against larger operators with bigger budgets and more experience. 

Purchase price: $169,000 Cash invested: $33,800 Property was recently renovated to increase the value of the property and the cashflow What made you interested in investing in this type of deal?

Renovation loan.  

Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.

I have no fear of running the numbers, building a team, investing, repositioning, refinancing, selling or holding larger properties.