But maybe the days of nabbing a killer STR investment are coming to a close.If the property taxes are not changed, then you still have to deal with a shrinking pool of areas that allow STRs.

I'm finding grabbing coffee one-on-one has gotten me more business than doing meet ups.

Quote from @Tyler Garza: Deal :Duplex Home2 beds / unit2 baths / unit3,000 sqftAsking 300k60k downEst rent/yr - 31,2005% Vacancy20% Op ExpenseMortgage 240k assuming 7%Results: CF - 6,600Cocr - 11%Cap - 8%Looking at this for a buy and hold and trying to determine if I am analyzing this right For the best rates, to get near the 7% on a 2-4 family you are going to need to put down 25% instead of 20%. 

What deals are you passing on?

Do they have any reviews on Google?

Hello @Shunnel Williams,Sorry to hear of the challenges on your first deal.

@Matt Ricky I have done plenty of BRRRR deals in Memphis and Little Rock. 

My excess cash flow per year is around $300k in cash, meaning theoretically I could do 6 deals, but in order to make that salary (HHI $722k) I need someone with the time to do the repairs and manage the tenants.

Most of the “deals” have no meat left on bone except for maybe a long term rental hold after repairs.They ironically sponsor a lot of the meet ups I’ve been too here in DFW. of course they do they live and breath on newbies..  

Keep a close eye on interest rates and cash flow projections to ensure these strategies align with your financing plan.