Luxury STR's can really perform exceptionally, I've heard St Augustine is a strong market, can't go wrong with anything Naples..Savannah is also a hot spot.

In some instances lenders may allow exceptions a bit above that with compensating factors. 

Their properties are in Kansas City, MO.I can find anything online, except their web site, just would like to know if it is legit.Thank you,

(And please always attempt to insert a clause about “firing for cause” exception to any future fees when entering into a new PM relationship.

Unfortunately cash flow and unit count are the two metrics most are taught to chase which leads to buying in the lowest barrier markets lacking any fundamentals that are indicative of creating any true net worth or gains (with limited exceptions). 

This is an exception.Theoretically you can have unlimite properties using VA loan as long as your benefit is not used up, but realistically no way you are going to keep on getting an exception.

The miniscule few of us who make baggable incomes, get that because we have built Business's that are wildly efficient, serve at volume, with exceptional high level of service.

As I read your comments @Anna Strausbaugh it is very similiar to a 'subject to' deal except that you are assuming the loan instead of using a wrap around or keeping the mortgage in the onwers names.

Quote from @Arkadiy Iliyayev: Thanks for the reply Jake, I really appreciate itIf you cut Brownsville in four pieces using the interstate to divide east and west and Ruben Torres to divide north and south, you'd be safe buying basically anything north of Ruben Torres with the notable exception of Cameron Park.

Again, they transact quietly.The few exceptions are a handful of very large foreclosures (e.g. 3200 units in Houston) with terrible operators.