If a single-family owner-occupied property is worth $400,000 - I wouldn't invest more than $280,000 (70%) in a note secured by the property.ITV takes priority over desired yield - so even if the note discounts to $350,000 based on desired yield, the investor still won't go beyond their maximum ITV. 

I’ll definitely make that a priority as I build my team.I also appreciate your point about using different contractors based on the scope of work.

I have taken numerous courses in RE and am passionate about learning more I am based out of West TX- Midland/Odessa area

•Our company has proprietary AI models designed to accurately assess listing quality through images, which would power this feature.2.Smart Weighting:•Automatically weigh comps based on their reliability.

@Kevin Connauton, I agree with you that although Pad Split is a great choice for getting the rooms filled, they don't cover all your bases in terms of property management.

I was kind of skeptical, but seems this city/town is good place for STRs based on your response.  

Also looking to build a solid Long Island based team (Agent, contractor, lender).

DM me so I don't lose you, we are not based there (CO-based until probably 2033)

Hi I am based in Canada and looking to connect with others who are investing in real estate in the USA or Canada.

You will not be refunded any of the UFMIP if you refi unless you refi into another FHA loan, in which case you will receive a partial credit based on how long it's been.