I'd underwrite the property, with that low interest rate assumable mortgage, to cash flow positively from day 1 as a long-term rental, but be willing and able to use the rent by the room strategy or to rent out part of the property as a Short Term Rental to dramatically increase cash flow during my occupancy. 

They even sent someone from the city to the house to tell us to stop operating it as a STR. 

The SEC asked the federal court to rule on its requests today, February 6, 2025.Our law firm is investigating and would like to speak with any individuals willing to provide information about certain aspects of Broadstreet’s operations.

Agree with others that you will probably need to lower the rent - suggest 5% every 2-4 weeks until activity picks up. 

I believe it started at $700/mo in the good old days of the recession and is now up to $1000 (undervalue about $150 for that area).

Hello,Im working with a lender to refinance into a Fanny Freddy mortgage now that I have stabilized my 36 unit complex.They have asked for a CAPEX schedule, and a T-6, in addition to the rent roll. 

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $178,000

Cash invested: $10,000

primary home own use has an Airbnb/ short term rental 5 months out the year/sometim...

I've paid for a handful of programs over the years from cheap to expensive and narrow-focused to broad-based. 

Have a good day. 

Like you guys, our team has little time to waste!