Hey Andy one of the keys to profitability as a landlord is quick turn over. if you where renting your unit out for $2,000 a month and waited 3 months to get someone in.

Key Market Movers and How to Track Rateshttps://www.biggerpockets.com/blog/2024-dscr-loan-rates-and-...How Do DSCR Lenders Calculate Your Interest Rate?

I even look at residential properties with key words for potential conversions to multi but those are also hard to come by.

The key is finding out what the seller wants as far as terms but the majority just want a quick close with the highest price. 

You’ve got a good list of cities already, but I’d definitely recommend adding Memphis, TN to your list for a few key reasons.First, Memphis is known for its affordable real estate.

For example, we might arrange a shorter penalty period or reduced fees if you expect to exit the property within a specific timeframe.Ultimately, the key is aligning your financing terms with your exit strategy.

Lastly, having a reserve fund is key to offsetting unexpected costs, especially with reduced cash flow from the loan repayments.Hope this helps, and congrats on tackling creative financing!

The key to success on this property was recognizing its market-ready condition.

Building relationships and finding the right deals will be key to your success - also make sure to start out small and go from there - don't get into something too big/you can't handle.

The insights gained from these projects have validated our initial assumptions about cost savings and construction efficiency.Future Vision:We're now developing a complete senior community model that combines:Affordable container homesCommunity-focused designSustainable practicesScalable business modelInvestment Perspective:From my fund management experience, I see three key advantages:Lower capital requirements than traditional developmentFaster time to marketMultiple revenue streams (sales, community fees, services)I'm sharing this to start a discussion and get feedback from the BP community.Questions for discussion:What challenges do you see in this model?