To me, I want a market where the value add generates maximum return. 

If you have plenty of reserves, why don't you calculate how much you have to put down to generate the cashflow you want?

It still seems preferable for this generation of homes in St Louis area.

Partner Driven saw the potential to generate a solid return with minimal risk, making it a perfect fit for our investment strategy.

Quote from @Pamela Rivas: Hi Natasha,Here are some key points to consider about setting up a Mexican corporation:Setup Costs: $1,500–$3,000 USDOngoing Costs: $1,000–$2,000 USD/year (accounting and tax filings)Benefits: Tax deductions for expenses like maintenance, repairs, and managementBest for: Multiple properties or income-generating investmentsWhile a corporation is ideal for managing multiple properties, it’s NOT required to obtain an RFC.

Solid curtains, water fountain in the backyard, adding trees at the property line nearest the freeway, white noise generators are all other options.

Most lenders I know that lend on projections just go off AirDNA cut and dry.Are you using the premium version of AirDNA that allows your to see the comps or just going off the generated numberIf there are no lakefront comps, I am afraid you will be sort of winging it. 

That said, Zillow, Redfin, and other major rental platforms should be generating interest if the listing is well-optimized.

If I believe I can generate enough profit this year and navigate any potential inspections next year, I’d be comfortable moving forward—using the income earned to cover any necessary upgrades.An alternative exit strategy is to document the financial performance and sell the property as-is, highlighting its strong short-term rental income.Think through your next five moves, from best to worst-case scenarios, and make a decision that aligns with your goals. 

We only look at the income the property is generating for those.