[In my scenario below, I was thinking about a share of the equity upon refi (what @Jack Pasmore called "the kicker" or share of the upside) since I don't think the seller would agree the property values at only $450K, even though that's what the rent and NOI say]@Jeremy Dugan In my experience, such a "kicker" is only present when the other party is an "investor" rather than the "lender".

Having experience in so many parts of our process makes it easier to answer questions and uncover the motivations and expectations of investors.

Hello, my husband and I are currently in the same situation as you when you posted this and I was wondering if you ended up using a heloc to fund your new build?

Wait until it's close to the end of his lease (know what the law requires) and then give him notice that you will not renew.

My contractor and I were expecting a $15,000 cosmetic repair and ended up with a $75,000 total renovation.

It's probably not going to end well for that landlord.

And Buyer's Agents.....in my last several experiences, of my own and friends, relatives, etc....it is usually the buyer that finds the property nowadays.

I’m getting re-acquainted with the BP community after purchasing my first house hack in the Pittsburgh area, and would love to make some connections with other like-minded young professionals and investors in the area.And if there’s anyone out there who’s just getting started and looking to make the jump to buy their first property, I’d love to offer up advice, share my network of contractors in the area, and answer any questions that I can from my experience over the last 6 months!

There is no additional valuation for the STR business.In the end, past performance is not an indicator of future success.

Get yourself known, it all ends up there, people needs to know who you are and what you do.