If it's currently an STR they should be able to provide you with the p/l statement from prior years so you can see gross rents, operating expenses, average daily rates and occupancy levels.

Guaranteed Returns: A fixed 7% is impressive in today's market and provides predictability unmatched by most investments.2.

With the numbers you provided above, you will have to ensure you have healthy reserves.

The updates they provide are bare bones and usually only come after I've reached out to them asking about the investment.

This amount provides a reasonable safeguard against potential claims if something goes wrong, like an accident or damage to the property caused by the tenant. 

Quote from @Burke Atkerson: With over a decade of real estate investing experience and over 100 flips, I now provide private money & hard money loans.

This ensures you can provide them with a clear and accurate scope of work.

I filled out their survey and provided some constructive feedback, even though I don't own a STR here.

-Provides peace of mind knowing you own the property outright, which can reduce stress, especially if income fluctuates during slower seasons.

Hello everyone, could you please provide updates on your experience with Delta Build Services and/or other builders?