It was very difficult for us to find a bank to refinance the deal and also difficult for us to procure a buyer for the condos we didn't want.The cap rates typically traded higher than a simple ownership interest. 

For most people, owning their own home and house hacking is typically the best way to get started building some equity, enjoying tax benefits, understanding real estate, and reducing their monthly housing expenses, but it really does vary by person and what they are trying to do.

Additionally, I'm interested in understanding typical STR fees to help estimate cash flow.If anyone is willing to share their experiences or offer advice, I would greatly appreciate it.

They are the experts-thats why we pay them through our nose -more than 25 K -and he refuses to modify a mistake he made that was pointed to by the contractor As many have attested to in this thread (Architects included), typically Architects do not do plumbing drawings.

South of Edgley and north of Cecil BThats where the students typically are looking as outside of that radius is rough. 

-your first few years after a purchase are typically a stabilization period, and you IN-vesting your money into the property. think about how long it will take to recoup all the costs i just mentioned.

The IRS typically requires the property to be placed in service as a rental property before you can start claiming depreciation.Once the property is converted to a rental and placed in service as such, you can then conduct the cost segregation study and claim depreciation on the rental portion of the property.

Typically, DSCR rates are about 1% higher than conventional loans—not the 2-3% range you mentioned.

Here's some other copy & paste advice you might find useful:---------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

These studies typically if done by 3rd party would cost $10-$20k but you could also do it on your own.