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.

A smarter approach would involve thorough market research, realistic projections on occupancy rates, and understanding that not every location is still a goldmine for STRs.

I’m curious how others approach finding lenders for consistent funding opportunities.

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.

It's worth noting that making claims after being refunded and retaining access to our services and information can be misleading to others.We believe in the value of our program and the potential it has to transform lives when approached with dedication and a positive attitude. 

Exploring multiple strategies like fix-and-flip and buy-and-hold is a smart approach, especially as you discover which niche suits you best.

@William CoetThe big players definitely approach these markets differently from individual investors.

That is the norm for the overwhelming number of investors, and the low-risk approach.

You are approaching it the right way with creating a foundation, getting your finances in order and learning about the businessGood luckGino

While 3-5% increase is the tolerable 'nice' approach, it isn't on you to absorb market increases in expenses if you aren't on a yearly lease with your tenants.