Run the numbers using commercial 25% down and Fixed P/I of x.x% with 5 year balloon and 25-year amort. 

•Some buyers don’t mind flood zones if they love the location, and in areas with limited housing supply, demand can still be strong.2.

Labor, supply chain (we are on an island) and red tape: from offers and closing, to funding to permits.  

If there is more demand than supply, this will be the outcome in desirable areas. 

With the fires, labor and materials are going to be in short supply.

Hi Jemini, I would start by doing research in the markets you're interested in to see what the rents vs. purchase prices are along with looking at the supply and demand of the market. 

.- If you chose to set up your LLC as a pass-thru entity, then you will need to supply your SSN.FYI - to avoid getting nasty letters from the IRS about errors (which might cause us to be audited), we will ask for a copy of your EIN assignment letter or a copy of your SSN card to confirm those numbers.

.-- The influx of STR supply has certainly brought down Airbnb revenues the last few years for everyone.

There is a $200 cancellation fee to cover the extensive materials and supplies we give you when you join. 

These should be reflected in the purchase price or negotiated as part of the terms, such as the seller carrying some of the renovation burden.Use seller financing to your advantage by proposing a price closer to $225,000-$250,000 with terms such as 20% down, a low interest rate (4-5%), or interest-only payments for 3-5 years, with a balloon payment once renovations are complete and cash flow stabilizes.If the seller is firm on price, consider negotiating higher down payment terms to reduce the financed amount, paired with interest-only terms or a price reduction tied to renovation milestones.Key questions to address include the condition of the septic system, which can be a significant expense if it fails.