Bob - I have five occupied padsplits under contract right now with Fernando Corona and have closed several with him this year.Normal DSCR brokers have issues getting this through underwriting - it's important to work with a broker / lender that fully understands how to get these to CTC.I'll PM you

While they may or may not be professionally managed, Class C properties will have some deferred maintenance issues and need renovations and upgrades.

If you are new to the business the most common issue is you're either locking up deals too high or you aren't finding attractive deals.

The issue is new hosts don't have the advantage you are getting from your direct bookings.

We’ve seen this issue cause otherwise wonderful new builds to sit on the market because it just doesn’t work with peoples furniture. 

The only issue appears to be the missing breakers and it being turned off by the bank.

I am not a tax or legal professional so please take this to someone much more qualified.

Also, if it's Lennar, be prepared for problems, insulation issues and therefore paper thin walls. 

Hi @Mindy JensenI had the same issue as  @Deborah Burian.

Highlighting features like “walking distance to top-rated schools” helped me attract renters even during slower months.Negotiate SmartlyWhile sticking to your legal rights is important, a pragmatic approach could save time and hassle.