We're getting nailed in auto insurance too.Any ideas why these states?

I enjoy the book - it gives a great overview of the STR world and specific details on how to get started. 

Their updates state that they expect 2nd quarter to be the winner. 

We have invested in these type of deals in Milwaukee and there are pros and cons to this asset class.All the best man!

Jung,Welcome to the BP forum its a great time to start as mortgage rates fall and home prices still priced well in many states.

Hi @Vivien Martin - Glad to have you here as part of the BP Community now!

@Jay Sloan  Hello, for someone who is interested in learning about commercial real estate can you tell me why the proof of funds from Peter Harris' company seemed out of the ordinary? 

A line of credit is adjustable rate with interest only payments that will have a "draw" period usually of 3-5 years for investment properties (usually 10 years for primary home) then will amortize over the remaining term after the draw period.

If you're located in WI, check out Premier Point Realty and Homestead Realty....both offer the licensing course at a discount and some of the lowest fees/commission splits in our local market.

So an investor buys the property, you pay them a down payment for the lease option then pay rent for a year and after a year you have option to buy it.What makes this challenging is the lease option payment would probably need to be around 20% of the purchase price but it sounds likeyou do not have it. maybe moving is just not in the cards.