So we shall elucidate five myths and truths about investing in them.Myth 1: Distressed Properties Are Always Money PitsMost people think that distressed properties require major renovations, which wipe out profit returns.

@Michael K Gallagher Any major cons I should look out for if I decide to house hack? 

I currently manage a portfolio of 17 STRs, some are mine, but a majority for other owners.

Also, before you buy another property you'll want to determine your ideal next property - meaning, will it be a "rent ready" house, a major renovation project, or somewhere in between.

There were many other questions when I read over the three different term sections that needed agreement to continue with the service, but I never got a response from support on the major noncommercial use clause.Plus, if over 2,600 people are using the product, how many times do you think an agent is going to get messages from various investors through the platform?

Anything else tends to be major challenge with SFR.  

Racketeering Influenced and Corrupt Organizations Act. 

Professional property managers stay updated on legal requirements through memberships in state or national organizations.

If a unit does not having a living room (or the 2nd bedroom is used as a living room) and the unit does not have a shower, not only is the rent you advertised not feasible but why not point these major issues out on our walkthrough? 

As an investor trying to sell your flips, choosing design elements that the majority of homebuyers will love is important.