Just like syndicators, there are a lot of good realtors and management companies, but if you are susceptible to their marketing and don't do your due diligence, you will also learn that there are a lot of people in these professions that are more in it to close a deal versus make sure you get a good deal.While my syndication experience has been mixed, it is a very different approach than single family rentals.  

When I first saw the R/V, I approached the R/V to understand whats going on. i will refer to the squatter as Walter.

It’s cool to see your approach to finding underserved markets and building partnerships with local developers and GCs who share your vision.

Will we approach other investors to do the deal with us or do it on our own? 

I suggest you talk to their CEO, he's very approachable.

He approached me about taking a low-interest loan from him instead of a bank.

Summit Capital approaches sellers that have owned their properties for a long time, so they have a lot of equity or own the property outright.

The two reasons are clients do a hybrid approach is either to maximize revenue or because they prefer MTR bookings and we just use STR to fill the gaps. 

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Funny how, as the years roll by, there’s been a major shift in my approach.