PM me pls Its hard to say - a broad range of things but essentially not disclosure issues and wanting things fixed that they didnt ask for after their first inspection.

And I certainly didn't "cash flow", as rents were in the $18,000-20,000 range for the first few years.  

(Purchase price somewhere in the $600k range)The property should bring in around $45-$55k/yr running as an STR and there's already a manager at the building if you want to be completely hands off.Add me and send me a DM if you're interested in submitting an offer on something like this.

Most sub2 sales involve a seller who is distressed, but that doesn't necessarily make it a predatory deal.Just about everyone in the US knows that owning and renting real estate is a tried and true method to wealth, but 99% of people will never own a rental property for a wide variety of reasons, fear being one of the biggest. 

The range for full service is 15-25%.Also as mentioned above you ought to be licensed and properly insured if you are to be a property manager. 

To get long term financing you have to be somewhere in the 75k range on loan amount .

They preferred a platform that was widely known to them.

Hey David,In my opinion I think that you should try Propstream.I say that because you receive a bigger bang for your buck.When you work with Propstream you receive access to a wide range of tools and resources. 

Another challenge is to get people with a wide level of experience in development.

I would say it is doubly important for this price range (ARV is a half million!).