That being said there are also bad deals in any area, here included.I would run your numbers based on historical data from airbnb - pretty easy to check on airdna or even just going in the airbnb app and seeing not only what nightly rates look like for certain properties but what their occupancy is - from there you can estimate monthly revenue with a reasonable degree of accuracy and see if that lines up with your targeted returns.

So, keep in mind your market and what your target property result looks like in that market. 

Or primarily for sufficient capital for down payment and obtaining a new DSCR or alternative qualifying loan for the target acquisition.Although there are alternative income qualification methods for fixed second loans and HELOC's utilizing bank statements and even DSCR rental income, as the lender risk increases, generally so does the borrower's interest rate.

I've never had what i would consider a real professional tenant target me.

I go to her apartment, and sure enough, the plaster for the section directly over her bed has come down onto her bed.Now, these apartments had very high ceilings - about 10 feet high.How much you wanna bet, she was pounding on the ceiling with her broom?  

Just like everyone out their who are  Big company's like Walmart, Target, etc. have daily issues with customers that need to be resolved in person or online or complaints with the BBB. 

On the first deal on any channel I'll invest even more to dial that channel in then work it down to the $5k target. 

General tips: design for the target demographic and go above and beyond whatever the competition is doing, ie if the competition has a hot tub and a pool, make sure you have a hot tub and a pool AND a game room, etc.

.- Target desirable areas: Research neighborhoods with strong fundamentals, good schools, and amenities that attract buyers.- Stay informed: Keep a close eye on market trends, interest rates, and local economic factors that could impact your investmentsI also lend on fix and flip projects so let me know if you're looking to get an additional quote for your next flip! 

Hi All,I am a GP/Sponsor that has just formed an LP based in Toronto ON, looking to raise $15M of equity to acquire Industrial and MURBs across Canada and the US with a target AUM of $50MM.