We have moved away from C class units as of late and are trying to stay in the class B/A market.

There is no differential factor number, however, it will change if you are buying tenant occupied, if they are are going to be vacant at closing, if they are going to stay the full lease or you have to pay cash for keys.

And, I think that is a better lesson than simply staying out of it.

You also need to be able to rely on project management skills to manage the project to stay on track.

Keep them updated to reflect seasonal decor or recent upgrades.Offer High-Impact Amenities: Small touches like a coffee maker, fast WiFi, or a thoughtful welcome gift can transform a stay into a memorable experience.Stay Communicative and Proactive: Prompt, friendly communication makes guests feel valued.

I see a lot of posts for furnished monthly stays where owners are fretting over utilities and how to ensure a tenant doesn't abuse their being provided.

But get them and the family staying in the home both on the lease since the insurance is paying the rent, but the family is usually responsible for the deposit.

Cause any great deal you find in those channels, be certain dozens of other investors are also stumbling upon it, but that's what I would do if I wanted to stay in the home market and had that type of capital.Or, find a market where you can get into a house for 90k - 110k and then you're in a market where you make need 30k - 40k in capital to see it through to the exit.

I think it can be profitable for seasoned real estate investors who have both the time and expertise to make sure their rehab project stays on budget, but I definitely wouldn’t recommend biting off more you can chew and doing BRRRR for your first deal.

if not, i'd stay local.