Looking to purchase one and struggling with the right calculators to determine the real metrics.As I understand it (recently looked at buying a former bnb) you need to treat it like any other STR with your extra costs such as food, etc  baked in to the expenses.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

I recommend spending a little extra money and pay to have trade specific people inspect the property too, not just an inspector.

That could mean renting extra rooms out to roommates or buying 2-4 units, living in one, and renting the others.

I've had negative experiences with a bad general contractor and a non-paying renter (leading to an eviction), so I'm being extra cautious in selecting the right lender this time.Could anyone recommend a trustworthy lender in the Los Angeles area who can guide me through this difficult time?

In my personal experience banks require the 20% to be of your own funds and must be on your late 2 bank statements or rigorously explained.

I retired from the Army about two years ago, and during the last 3 years serving I started investing in real estate for extra income on the side.

You pay in the rate for the extra leverage.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!