We all know that this business can be done successfully by anyone, and is.

.🔴 Incomplete or disorganized documentation: Missing detailed plans, financial statements, or timelines could mean the borrower isn’t ready to execute the project successfully.🔴 Over-leveraged finances: Borrowers with excessive debt or insufficient personal capital invested in the deal could pose a greater risk of default.🔴 Questionable property comps: Overstated market values or inappropriate comparables may mean they’re inflating expectations.As always, thorough due diligence is your best protection.

Hey Luis, wish I had some advice but never seen that done successfully on a househack. 

You would need to invest out of state since Sj does not have the properties to do a successful BRRRR. 

@Paul Bogard going to assume you are buying this proeprty to live in while you "house hack".First, you should understand +95% of real estate agents ONLY know how to sell owner-occupied properties and are almost useless for investors:(Find an agent that has rental properties themself or can PROVE they've got successful repeat investor clients.Secondly, you can greatly improve your cashflow by renting out your other bedrooms.

She's a wonderful person and is successful in the STR space in Pittsburgh.

I also know everyone in Kansas City doing this and I have heard over 50 success stories.

It's successful in high-cost markets like Southern California but faces challenges like high entry costs and local regulations.

Not true at all.If you want to successfully run an STR you need to be on both AirBnB and VRBO at the very least, PLUS run direct bookings.

I get a lot of ads on my Facebook feed regarding investments that may do that looking to hear from someone that is been successful in reducing the liability and not lose money on the new investment