Any information about land in reference to developing townhomes would be helpful ThanksWhen it comes to Build-to-Rent (BTR) townhome developments, which fall into the larger category of rental housing that is rapidly expanding, there are a few important considerations:Typical Density: A common density for BTR projects is around 8 dwelling units per acre.

As someone who has read Harry Potter, it seems the best way to get the attention of the landlord is to send a scary looking giant to their home residence with a kindly worded letter.More seriously, I was on the other side of the coin previously where my wife put the ads up under her accounts instead of mine, so I couldn't check them without getting on her phone and I was inundated with people looking to see the property (probably 50 over a 5 day period) and was trying to send semi-personalized notes to each one--and it all ended up being too much to handle and I ended up ghosting or not replying to many people after I found an applicant. 

@Mike Johnson you definitely have a different set of problems or potential problems depending upon where you are at.Brand new and acquiring your first rental you're going to manage:Everything can kind of be summed up as you don't know what you don't know.

What kind of strategies are you looking for?

As Sean Wagner mentioned, the city of Chicago has adopted their own regulations on charging what's commonly referred to as a "security deposit" you need to do it another way. 

If your numbers are solid, you might even be able to cover the monthly payments out of the rehab budget.This kind of setup works best for properties that need significant rehab, and you need to be confident in your numbers and your ability to get the work done. 

I'm probably overthinking this, but is it common practice to provide any kind of cable TV or Netflix etc. in a STR?

When converting common living areas into additional bedrooms, many DSCR lenders might view the property as non-conforming, which could pose challenges.

What kind of improvements are you making? 

There is no given answer here, because the whole property needs to be relatively consistent.Kitchens and baths are the common answer, but if they are passable and you choose to invest in them anyways at the expense of peeling paint (or off putting exterior color) and overgrown landscaping, the appraiser and tenant will be walking up with a bad taste in their mouth, thereby not valuing the interior work you have done.But think about the general flow of someone looking to rent: more bedrooms will typically dictate more rent.