Here are a few things that might go into my consideration for one program over another when selecting the right program for a client.There are a lot of pitfalls with each unique loan program out there, so it's all about threading the needle with the "most right" selection the first time around.• Is the property leased?

However, you can expect to recover about 50-55% of your investment when selling the home.Another good option would be to consider converting attic space, finishing a basement, or repurposing a large living area to add a bedroom without expanding the home's footprint.Some other tips to help you save on materials while still creating an appealing finished product: buy in bulk, shop at discount stores and outlets, look for overstock, discontinued items, or slightly imperfect materials, attend auctions and Estate sales, incorporate reclaimed wood, vintage fixtures, or other salvaged items for a unique look at a lower cost, build relationships with suppliers...If you have any more questions or are looking for funding please feel free to reach out to us, we're a private lender.Regards,Jackson

I would love to hear the outcome.

The key is FULL DISCLOSURE, with all parties having a full understanding of the possible outcomes, good and bad.  

STR is becoming a difficult strategy because there are so many costs (furniture maintenance, utilities, internet, etc.) that you have to factor in and if you are in an oversaturated market, then unless your property is unique, you can only compete on price.

Unless perhaps you're buying a multi-million $ unique home. 

What was the outcome?

However, it also comes with unique challenges.

What was the outcome?

I have a company that builds unique European-style cabins.