Secondly, short-term rentals provide flexibility for owners, allowing them to potentially use the property themselves when not rented out.

Hey Everyone,I have a potential investor I've been working with that is planning to use investors edge for their loan.

My advice would be to specifically retain a potential eviction attorney from the start, in order to be prepared for how this *may* go. 

Investing out of state in the KCMO area sounds like a smart move; it’s such an interesting market with plenty of potential.

@Olivia Blake how much money will you potentially lose by strong-arming a tenant and then having them break the lease early - or even just not renew?

In the near future, we’ll be visiting The Shoals area in northern Alabama, where we’re considering a potential move this spring.

Single-family homes offer higher cash flow, lower maintenance, and potential equity growth, but may have less privacy and slower unit growth.Good luck!

What do contractors typically charge to come out to a potential property and walk through and fill out a SOW with pricing?    

., Purchase Price: $475,000 ($197.9/sq. ft.).Estimated Market Value: $402,000 ($168/sq. ft.).Financing Terms: 2% interest rate, with a 9-year balloon.Unit B Income: $2,049/month (Section 8 tenant through November 2025).Unit A Income Potential: Similar rent or higher; Section 8 cap for the area is $3,234/month.Monthly Loan Payment (P+I): $1,386.Cash Flow Breakdown (if both units are rented at $2,049/month):Gross Rent: $4,098/month.Vacancy (10%): $410/month.Operating Expenses (37.3%): $1,376/month.Net Cash Flow: $943/month.Key QuestionsWould you be comfortable paying an 18% premium for financing at 2%, especially in a market where current mortgage rates are closer to 7%?

Does anyone know of any folks in the Austin, TX area available to show properties to potential tenants?