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.

Hi Ben,Balancing a full-time job while getting started in real estate can be challenging, but it's definitely manageable with the right approach.

We are very fortunate to have such a healthy real estate market! 

There are a good number or traveling nurses in that area so that can help contribute to a healthy mid-term rental.

Basically the Dave Ramsey approach as well..  7.

Short Term Rental Properties Investment blog has been updated with a dynamic approach to elimination of debt and usher the audience into the arena of DIY investment strategies.

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.

So they can work well, especially for investors looking for a more hands-off approach, but it's crucial to do the math and understand the specific property's potential.If you are still looking I would be happy to help you out in your search!

Hi Chris,To add a new fee to your existing management agreements in Florida, you may have a couple of options depending on the terms of your current contracts.If your agreements don't expire and continue indefinitely, the simplest approach would likely be to create an addendum to the current agreement outlining the new administrative charge.

It sounds weird, but you have to be careful how much you advertise so that you don't get a reputation for being "out of money", while at the same time networking with wealthy individuals/family offices/private equity.It's a little different if your approach is going to be only loaning your own capital.