Try interviewing at least three managers.1.

This seems unrealistically low for a 40 unit property.

That said, I will still try to provide some “clarity”.Purchasing a property “subject to “ the existing debt can be done two ways.  

•To cash flow, consider:✅ Running a detailed STR revenue projection (AirDNA & Rabbu are great tools for this).✅ Factoring in seasonality—peak months can be lucrative, but slow seasons must be accounted for.✅ Looking at property management options—self-management can save costs but requires effort.4.

If this isn’t the right forum, please let me know and I’ll remove the post.

Quote from @Edward Barrett: New investor here trying to stay in my local market (Dayton, OH).Since I've started looking for my first deal I've come across a few section 8 properties that seem to pencil, but I'm a bit loath to jump into that kind of deal.

I'm actively seeking mentorship from someone with experience in similar markets who can shed more light on this process.

Trying to do everything yourselves.

That’s all AI does for you.Companies try to sound sophisticated and technologically advanced with big words, making their so-called “innovative” systems look impressive.

I’m not local, so I’m trying to get a feel for what it’s actually like making deals in this market right now.