My advice would be to find a mentor (the right investor-focused agent can be great at this), continue analyzing deals, run them by your mentor, and then make offers when a deal meets your buy criteria.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

That said, the fewer units a property has, the easier it is to manage, so smaller multifamily properties can offer a good balance between cash flow and simplicity.

I realize there are not many banks that offer this.

You could offer 6 months of guidance and help to the new owners if they are noobs to STR.

We are seeing lots of huge cabins with pools and arcades being offered for $150 per night or less, with no takers.

Personally, I love them because they offer built-in diversification.In my experience, local banks are your best bet for financing mixed-use properties.

For investors, it offers unique opportunities to maximize the value of properties and meet the growing demand for housing.

Hop on Airbnb and scan nearby properties of similar size to get a feel for what they offer at the price points charged.

We've considered offering a discount for doing so but so far we haven't because for the most part everyone pays on time with no issues.