OMG, this is an insane profit.

Quote from @Alberto Freites: Quote from @Malgorzata Sadowska: with the current market micro & macro trends, our market is poised to continue to go up for the foreseeable future.But do you think there are opportunities today to generate cash flow, or at least the property pays for itself?

We have a software called EZCare which our cleaners will take post clean pics and it generates a report. 

It's not that challenging to get above a 10% return in real estate with all of the profit levers (cash flow, appreciation, mortgage paydown, tax benefits, leverage)?

Unless a PM company has THOUSANDS of doors, this is not profitable. 

Finding an agent that knows the market and can find you properties that provide a profit (for both of you) is worth the effort.One more thing about the contract . . . be sure to read the ENTIRE document and ask for clarification is needed. 

If they talk about "halting distributions" to investors to focus on future business growth and profitability, what is their actual business plan?

Interest only loans allows them to get a goal profit of $500-$600 per month per property.3) Each acquisition would require 20-25% down at an 80-100K purchase price. 4) Closing costs, and the Eric Spofford turn-key transaction fee of 10K would be in addition to the down payment and were not included for the purposes of calculating the cash-on-cash return.

Now the deposit covers up front costs , some materials , overhead and PROFIT .

Nowadays many vacation homes are priced as STR businesses with profits baked into the price (with future guests expecting instagram furnishings).