These straightforward requirements make the process accessible and convenient for buyers.The initial setup costs typically range between $500 and $1,200 USD, while annual maintenance fees are generally between $500 and $700 USD.

I did this prior to my R2R purchase to ensure my numbers were in the same range as R2R's projections.

You can find decent SFHs in the $150k-$180k range that can cash flow if you buy right.The challenges?

Looking at properties in the $200-$400K range to get started, but may go higher if the math makes sense.  

Rents for medium term rentals usually range from 1.5 times to 2 times the normal rent for a place.

I challenge you to find a single reputable source that shows otherwise.I then advocated for all newbies start close to their home market.I stand by my remarks and challenge you to show one statement to not be factual.  

In Dallas, you’ve got a range of local outfits who focus on new construction..firms that, from what I’ve heard, know how to blend contemporary style with the Texan vibe buyers love.

If comps for a 3 unit property are in the 950k range, then that is what it will come in at.The revenue from the STR will have no bearing on the value of the property itself.People argue about it from time to time, but I spoke with 10 different lenders, banks, credit unions, private lenders, etc etc and they all said the same thing.

Looking for success stories or other experiences , positive or negative, range of costs, etc.

Rates will range from Prime (currently at 7.5%) to Prime + 4% (11.5%).