If you can find an MFDU in Asheville, that could be even better for cash flow, but I know inventory can be tight.

I only give them a short time (usually 5 days total from the contract to hold) to meet for the lease signing before they lose their exclusive rights to the unit, so this prevents someone from dragging their feet after they've signed the contract to hold.Once the lease is signed, I take down the ads and send out emails to people in mid-marketing flow letting them know that the apartment has been rented but I will reach out if something falls through.

My focus is on identifying value-add opportunities and managing properties to maximize cash flow and ROI.I’m here to connect with like-minded investors, share insights, and learn from others in this amazing community.

Has its issues but overall a great cash flowing beast.

A buddy of mine once rushed into a deal that promised sky-high cash flow, but the sponsor’s experience was thinner than a shoestring in Times Square.

For investors, this translates into higher cash flow and improved ROI.2.

In my market I have found there are under performing apartment buildings between 10-20units that have potential to increase rents and cash flow.

If it's way out of whack with the market average, dig deeper.Debt Service Coverage Ratio: Key for nderstanding if the property's cash flow will cover financing comfortably.Historical Vacancy Trends: Especially in areas like Chicago, where local job markets fluctuate, knowing vacancy trends can help you anticipate rough patches.Rent Growth vs.

We didn't need to rehab except for a couple units when they became empty and we used cash flow (so no additional capital needed).The rents are now $10,700/mo and we are cash flowing well. 

STR can be exciting from many angles - Cash Flow, Appreciation, and best of all.. having a place to visit while renters pay down your mortgage (even near the beach!).