I would be happy to defend this math to any loan officer who has sold a client a rate ending in .99.

I have several current and former clients that have done similar projects, mostly in neighborhoods where either 1) they grew up in the neighborhood, 2) they still go to church in the area, or 3) they have a relative that still lives in the area.

I focus on finding deals that meet specific criteria, and I always keep my underwriting conservative to make sure the numbers work even on a worst case scenario.Right now, my big goal is to land my first property, ideally 20+ units in Florida, and build a strong portfolio from there.

That is for larger companies or for disgruntled clients or relatives looking to help.Per diems only work in theory.

If my client wants to pay it its up to them but I wont.. two reasons one is personal I feel most sellers this is there only asset or majority of their net worth and its just unconscionable but 90% of wholesaler frankly its about them they could careless and I know others will get on here and say they are not that way.. but as one who funds these deals probably over 100 deals a year with a wholesaler fee on it..

It would make a great area for hosting, and I think it would add a significant value to the Airbnb clients.

Which I also would tell you that if you have trouble managing finances and poor credit I strongly advise against real estate as its capital intensive and if you struggle now managing money having more money and real estate only exacerbates that issue.

The rental had ratty furniture, a record player prominently featured in the marketing but it had no speakers, missing basics items in the kitchen, lots of drunks in the concrete hallways that reverberated right into the bedroom at 2am, a strong odor of urine outside, and more.We have super hosts in this forum that have hundreds of 5-star reviews and are masters of the craft, but I look at their rentals and see they don't have any artwork on the walls, decor is basic, they do nothing to make the guest feel welcome, etc. 

@Matt McNabbYou’re in a great position to start building your real estate portfolio with clear goals and strong resources.

. - not having a strong or deep 'why'.