Quote from @Jacob Rodriguez: How do you find roomates for a house hacking situation, 4 rooms and currently 3 are occupied in san antonio texas I would try turbotenant as well!

These were investments, the value of the assest are there, its the liquid that ran short and had to resort to credit cards to fix up the propertyYou spent $50k from savings, borrowed $50k from a 401k, and are paying it back over five years at around 7.5% interest, then borrowed another $40k from credit cards and are paying that back at around 8% interest, maybe more.

Just curious, what are you using now?

Any tips or advice? 

I wouldn't go into it with any preconceived notions of what the owner's intentions, situation or motivation may be.

Ideally, you'd want to have signed leases from each tenant, but the strategy part of it is that you also wanna make sure that you don't run people away while you are either increasing rent or preparing any units that are currently vacant.I would probably take a step-by-step approach.

There are a few more “big ticket” items that need to be considered (Minisplits & landscaping) but most of the major costs have already been accounted for on this property.We currently have a 30 year conventional mortgage with a 7.125% rate on a purchase price of $750k. 

Are you looking for a 100% seller financed deal?

He makes it sound like you are getting great 1 on 1 training and can dogreat deals without spending lots of money prospecting for deals.

STR demand is there, but regulations can be stricter.2.