I'd recommend closing on a 2-4 unit property that needs some work but would still qualify for traditional financing. 

These traditional value add opportunities have worked just fine for us and would have continued to have performed well for us.  

I wonder that anybody from out-of-state investing in the KC area want to turn their traditional rental properties into short-term rentals?

Since you'll be living in one of the units, you can qualify for owner-occupied loans, which often have lower down payment requirements and interest rates compared to traditional investment loans​

Yes, there may be a hint of trepidation at the onset – change often carries a tinge of uncertainty – but Shata firmly believes that AI will usher in a new era of innovation, much like how the rise of social media transformed traditional communication industries.So, what's the bottom line here?

It's essential to evaluate each deal individually, considering factors like your specific market, property condition, and your own risk tolerance.Here's a quick summary of what you might do:70% Rule: Use this as your initial benchmark to assess deals, especially if you're looking at traditional financing with 70% LTV as a goal. 75% Rule: When you have access to lenders offering DSCR loans at 75% LTV, adjust your analysis to match this new lending option.

We basically build our foundations on mud and clay here so movement is inevitable. 

Expect to pay WSJ Prime + 1 point or therabouts from a traditional bank on interest and 1 point for the origination whereas you will be a few points higher on the origination and the rate through an atlernative lender.

These have between 3 and 3.5% minimum down payments, but would obviously require a lifestyle change for the immediate time- there are hard money lenders that do not conform to traditional lending requirements.

Our wide-open buy box and fast and loose acquisition model also meant we were not satisfied with buying and flipping standard, traditional properties.