Have you thought about telling him to consider getting a temp service job to raise the money.

Hi Harris, thanks for posting as I’m sure that there are a lot of BP members that are interested in this service.

Because significantly less than 100% of your investment actually goes into purchasing or improving the property, and the property is purchased at retail value (or worse), your returns will badly lag any benchmark of direct property investment.  2.

The other thing to consider is that a bank might do 80% loan to value but also require a Debt Service Coverage Ratio of 1.2. 

I'm wondering about servicing these after completion on a longer term basis following a DSCR guideline as they will be rented, and then selling them in a secondary market.

I attended an informational training for beyond bnb, without signing up for their service, I implemented a couple strategies they discussed and found they worked.  

Listings are on their own company web page or one of the mls type listing services.

This is a good thing if you want to do some rehab, but again, you must be very strategic about how much money you put into a place, knowing it won't naturally appreciate beyond what you create in improvements.4) We're having a bit of a zoning crisis.

I’m in the La Jolla area, but service all your targeted locations.

When deciding between them, look for flexible memberships, no high-volume minimum, and customer service to help walk you through the process.