now, if you want to buy an STR as an investment, and you NEED the income to support it, that's totally different...

I just looked at a utility bill with a total charge of $184.12 but $116.50 is from base fees!

I totally agree with @Caleb Brown, especially the part about consistency!

So, if you put in 20K, you could set the bid up to the amount of the 100K total debt(80K existing + 20K additional) to ensure that the property reverts to you as the lender.

The total cost including construction and permits (but excluding the land) comes to about $2.14 million.

Regards, ClarkI'm curious, @Zhenyang Jin, with a DSCR at 1.30x, what are you total operating expenses relative to your EGI (Rent after vacancy expenes)? 

I'm so glad you brought up trash, totally slipped my mind in my eval.

Third total! 

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

The letter also states the total non-rent items currently owed by the tenant, such as accumulated late fees or repair charges.Also very important, the tenant states they have no unresolved issues with their current landlord, except as listed in a space provided, and they have no current plans to cancel their lease under the Service Members Civil Relief Act or for any other reason.