Partner Driven and Traci Stephens recognized this as a low-risk deal with high potential for a rapid turnaround, making it a perfect addition to our portfolio.

I went to sign up on the advice of a friend and realized I had signed up 11 years ago and never used the site.

This is correct, but that .5% is IN ADDITION to all the other closing costs associated with a refinance (Title/Escrow Fees, prepaids, and depending on the bank, Underwriting / processor costs) - so in reality it can be a little more expensive to refinance with IRRRLs.

I was shown about a handful of their holdings in the Houston, Memphis, and Little Rock markets, but the cash flow and CoC returns were less than $100 per month and 2-4% after factoring in additional expenses like 7% vacancy and 10% maintenance per month to go along with 20% down and conventional mortgage.

https://www.forbes.com/sites/amydobson/2019/09/12/these-10-cities-will-be-the-most-vulnerable-when-the-recession-hits/#355288432aa1@Ryan SwanCan you explain the high tenant demand?

Thank you for the additional info.

I understand the downsides (well not all of it since I am inexperienced) but just like LTR I believe there are risks with any form of investment.Thank you so much for the reply, I see I didn't know it was mumbo jumbo I thought it was "professional" formal talk I wanted to give off the impression of some form of professionality to build a rapport but you're right I should be more straightforward but I want to first ask if they're open to corporate leasing because I will be hosting via my LLC and since I'm going to most likely advertise towards Travel nurses it wouldn't only be on airbnb but on different sites like furnished booking so I wanted to leave it a bit ambiguous so that it can start a conversation rather than have it limited to only being seen as just another airbnb pitch. 

Additionally, checking local listings on Zillow or Craigslist can help fine-tune the rental rates in that specific area.

The ones I manage total to 20 bedrooms.These rooms rent for between $125 to $225 per week depending on room size and amenities in the room (beyond basic amenities may include: Desk, Tv, private entry, tenant controlled AC, additional storage).This month after padsplit takes their 14.25% cut of the revenue I am recieving, from the units I own, $15,230 from 3 homes.

In addition to my real estate expertise, I’ve spent years building and collaborating with property management companies.