Add mortgage rate likely coming down some too and we are back to Pre Covid market again.  

We are starting to pick hotels over Airbnbs because they're becoming ticky tacky for our taste and theres no $$$.

Feeling very confident that once we are completed, this property will attract buyers quickly  at a strong market price.

We purchased the home with FHA loan at 2.75 %Our rate is excellent but we are looking to purchase our next MF and need some advice on how to get into it.I know Fannie Mae has a 5% down MF loan program as long as we move into it.

We generally stay away from California because of regulatory issues.We know who we are and what we are good at: we’re out-of-town but highly engaged real estate investors who know how to pencil deals, structure deals and package deals to raise capital.

@Michael Clark, we are in the same market so I'll hit your inbox and maybe we can talk offline, but I'll make some comments here for everyone as well. 1.

Example- A real deal that we are working on right now: A Homeowner wants to sell their house for $170K and is open to doing a subject to or contract for deed. 

Best practice is to operate as an MTR and backfill with STR guests because if you open up your calendar to STR guests without tight restrictions, you're an STR.  

I started with Guesty for Host (non-pro version) and transitioned to Hostaway and now we are with Hostaway for over a year and half and no complaints.

We have a blue/grey and a neutral green we like because they hide some of the wear and tear.