My approach is conservative and focused on finding properties that meet specific criteria to ensure solid returns.If you’re interested in multifamily investing and would like to explore potential partnership opportunities, feel free to reach out!

I would keep detailed records of my deals to include photos that I could use later when I am approaching a potential funding partner.

It's  bit of a specialty approach.

Curious.. do you think you’ll try a different approach next time, or stick to this model to keep the momentum going?

Have you thought about this approach or considered a phased plan to build up your portfolio?

Thank you for your thoughtful feedback—it’s clear that I need to clarify the distinction between my approach and the traditional perception of “cheap rent.”

So how would you approach the OTA listings from the beginning knowing you planned to sell or transfer management to an operator at some point? 

Success comes from consistent action and patience, so keep refining your approach and scaling gradually.Good luck!

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

My idea to achieve this is to convert the studio into a short-term rental.I’m trying to determine if I’m forcing this deal to work by relying on the short-term rental strategy or if it’s a reasonable approach given the numbers.