Ideally, I feel like the space is worth 3400 a month but I have significantly lowered the rate because I wasn't getting ANY bookings :( I've posted listings on furnished finder, airbnb, zillow, and vrbo.

This is a great space to meet a ton of very smart people.

She requires space, haha. 

We are educators, but as far as I can tell, the only multifamily educators who don't have a fund or raise capital from their students to fund our own deals.I'm not saying this is incorrect, or wrong, I didn't get into the education space to teach people how to buy small AND large multifamily, only to turn around and ask them for capital.

Have a weird layout property where the front door is on the 2nd floor and there is a set of wooden stairs to get up there.

If you or someone you know is active in this space, I’d love to connect and discuss how we might collaborate on upcoming opportunities.Feel free to reach out directly via DM and I look forward to learning more about the local market and building strong partnerships!

It explains why they are usually in the lowest barrier space within the industry (until recently not even a license was required & many still operate illegally).As a Philadelphia resident and active investor in the city I fully endorse investing in Philadelphia but only if you’re receiving sound advice. 

That is the BIGGEST flaw in this entire space of REI.

I took a look at the listings on their website.Most of their inventory is 30+ min from the 'downtown' area.Seems like they charge $400 - $600 a bed in Dallas and Houston + a move-in fee to the guest.It would be interesting to know what their management fees are.You should be able to make money based on those numbers if they have a nice occupancy rate.I personally wouldn't rent from there because I prefer my own space but there are definitely people out there that like to save a couple hundred on rent or even enjoy having roommates(Company) around.Best of luck!

My neighbors on the first floor where I live, got close to 4 feet of flooding.How did the storm effect your local portfolio?