Purchase price: $490,000 This is a unique opportunity to participate as a investor in a single family residence valued at $3M and higher.

The biggest determining factors for STRs in the area are purchase or build price (and associated mortgage) vs rental expectations, that will help you determine net cash flow.

We purchased the house about 3 months ago and are owner financing it.

- Look into if property taxes are reassessed after purchase.

Once the 1031 is complete the LLC dissolves and again the property is distributed to the former members, including the properties just purchased in the 1031 exchange (which each member probably picked out for themselves).This method solved the feared "held for investment" issue. 

They develop, they build, they finance, they property manage, they will have HAO, cleaning crew etc. etc. etc. so the subsidiary companies make money every step of the way.From investor perspective: The investor pay $15 K to reserve the right to purchase 25 multiplex over the year of next 5 years. 5 each year.

I am under contract to purchase a Quadplex.

@Lambros Politis2.1MM purchase, 300k gross, 30% expenses seem extremely hard to find.

Purchase price: $129,000 Cash invested: $5,000Condo we lived in and fixed up.

The property is being purchased at 103 with an ARV of 375.