Right now, newer vintages, larger mix of 2 beds, washer dryer hookups, townhome style, median income in excess of 50,000.

Although the lower LTV means you’re leaving some equity on the table, you’re also minimizing costs.If cash flow is your priority, option 2 looks like a good choice.

Window units aren't a deal breaker unless its a larger unit.

I am typically looking at larger more expensive items.What I have typically done is once I am officially owner of the property, I will ask each tenant to name me 1-2 items that need to get repaired/fixed/remedied right off the bat.

More houses on the market mean more choices for buyers.- Pricing Upswing: The Median Sales Price edged up 3.3 percent to $516,555.

(Note: These are non-negotiable requirements) Other Incentive ProgramsSmall Business Improvement Fund: Best thought of as a storefront/small business rehabilitation program, this small grant program ($150,000 for commercial properties and $250,000 for industrial properties) is targeted for smaller renovation projects and can cover anywhere from 30-90% of the cost of remodeling a storefront facade, roof replacement, major systems replacements (HVAC, plumbing, electrical, etc.) or an individual interior space build-out within a larger building to get it tenant ready.

We’ve learned the hard way that sometimes, the best choice isn’t the one with the highest price tag.

SellersWith the changes, sellers will technically now have the choice whether they want to offer any compensation to the buyer’s agent...or none at all.

It doesn't perform well; your neighbor is a nightmare, they put more regulations, you get tired of running it etc.It may not be your first choice, but it will be a smarter investment overall, especially for newer STR investors. 

We are focused on the ARC CURVE as I call it.This is where for investment grade credit tenant we are trying to time cap rate uptick on larger priced properties with good term left say 10 years plus primary term.