What made this property extremely desireable to me was the 1 mi road frontage on two different roads.

Regardless, the person with the umbrella policy has no big concern and should not lose a wink of sleep.  

Extremely solid advice.

Not having the correct ARV and having the rehab get a low appraisal is my main concern.

Pulled this together for a RE Investor meet up on how "today's tech stack" is breaking down historical concerns of STRs being a time-suck for RE Investors when looking at either purchasing properties for STR deployment or evaluating assets for STR usage vs other strategies.

We have never had a tenant that was able to produce any factual data that supports their concerns. 

Unfortunately, North Jersey is probably one of the hardest BRRRR markets in the country right now because of extremely low inventory, high demand, and pushed up prices because single-family home buyers are buying the properties that we all used to buy to fix up because they are desperate.You can BRRRR, carefully, into many parts of Pennsylvania though but remember that interest rates right now make it very hard to BRRRR.

They are just way too slow, unprofessional, and completely incompetent, and it is extremely hard to deal with them.

If you’re concerned about the cash income, you could consider additional safeguards, like a higher security deposit or using a guarantor.

We get about 200 - 300 maintenance requests every month; I would have to hire a FT property manager just to "walk" the maintenance concerns.