Similarly, if you put all Class D tenants in a Class A 4-plex, what do you think will happen?

Is that standard practice to have to do this, or am I missing a trick or a different loan type similar to a HELOC? 

Looking for something to detect Cigarettes, Vaping, Marijuana, Hookah, etc.

I recieved a similar call and initially approached it with caution.

Maybe I'm putting the cart before the horse so knowing the closing cost would be similar it shouldn't impact my underwriting that much either way. 

I personally would want to create something similar, but I haven't gotten around to it yet to figure out the mechanics.

It's funny, I couldn't find a similar warm off-white in the BM book, but they have no problem mixing it for me.

Being at a slight operating profit or break even is completely fine with my though as I'm not looking at this as some get rich scheme, it's a long-term investment.Based on this, I'm looking now more into getting a more utilitarian STR targeted at business travelers where the goal is similar to my LTR's, getting long-term appreciation and mortgage pay down and making enough cash flow simply to cover repairs. 

It's good to hear from someone who has been in a very similar situation.

There are probably many posts that contain similar information to this one, but I thought it would be of value to future and existing investors who are starting their journey.We recently completed rehabbing a duplex we bought for $93k and rehabbed for $75k (in retrospect, we could've negotiated a lower price 🤷‍♂️ - discussion for a different post), hitting an ARV of $190k when our target ARV was $170k.Two things that stood out for me that helped us secure a higher ARV that anyone can use in their next BRRRR were:1) Fix the property to be in the top 75th percentile -> To improve our success rate, we consulted with both our agent and our PMC on what kind of materials and finishes the best properties (highest ARV Comps and Rent Rates) had in the area.