I added a pool and did some landscaping and have been using it as a family winter retreat and renting it to a STR operator the rest of the year.

Helped my clients partner up and close on the property, then signed a net lease with a SL operator.

I’d love to hear more about how you approach finding these under-$2M properties and what strategies you’re implementing for operations optimization.

I feel like it's a space where great operators can really clean up, since the bar is set really low, in my experience at least.

There are a ton of tools and resources that not a lot of people know so doing some YT watching and their training helps immensely. also, happy to answer any questions you might have on set up / operations.

Boiler room  operation ? 

No lending institution or bank would be permitted to operate with those ratios.

It should clearly state the operating income, operating expenses, and net operating income.

I’d love to hear from fellow self-managing landlords about the biggest lessons you’ve learned along the way—whether it’s handling difficult move outs, maintenance strategies, or unique ways to streamline day-to-day operations.

OOS investing has operational inefficiencies, because you work remote.