This approach allows you to manage the property closely, benefit from homeowner loan terms, and potentially increase its value with improvements before renting it out.As you transition the townhouse to a rental, ensure the rent covers all expenses and provides a profit.

Several of our out of state investor clients are securing very healthy terms on CRE including apartment complexes and industrial warehouse spaces with as little as 25% down and rates currently ranging from 5.5-%-6.75% on 25 year amortizations. 

@Devin Bost, I understand the dilemma you're facing in choosing between full-service property management and a more hands-on approach for your short-term rental.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Your deal structure involves a hybrid approach of a land contract, "subject-to" financing, and flipping.

Awesome approach, it is best to meet with the agents in real life, see the neighborhoods and get the vibe in real life.I usually talk to them on the forum for about 6 months and then take the next step..to see how dedicated and professional they are .

Stay informed, adjust your strategies, and make the most of the opportunities ahead.The Palm Beach real estate market is shifting, but with the right approach, it’s full of potential for everyone involved!

The growing inventory, up 36.6%, offers more options for buyers, while sellers might need to adjust their approach, highlighting value and making their properties stand out.Townhomes & Condos: A Shift to the Buyer’s AdvantageIn contrast, the townhome and condo market is presenting more of a challenge.

Hello Bryson,It's fantastic to see your proactive approach towards real estate investing, especially at such a young stage.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.