I recognize that the CoC return is not as high as we'd like, but it does come with some built in equity (~$100,000)Details:- 3/2 Single family house (1487 sq ft) with a 1/1 ADU out back- Zipcode 78745- Purchase price: $469,900- Down payment: $50,000 plus CC (includes assignment fee)- Seller Finance $419,900 at 3.5% interest; 30 year amortization with a 15 year balloon- PITI $2744.02- Rental comps: $2667 for the 3/2; $1505 for the 1/1 - LTR according to BP (Total $4172)- Repairs needed - minimal, coat of paint and maybe swapping a window unit A/C for a mini split

I really anticipate to see the detailed response from Michael once he has time.

Or have other suggestions or tips for sorting property searches, managing goals, and renovation details.  

Is what it is.. but you can see more transparent video reviews on our instagram at @direct2deals.Additionally, as everyone in this chat is a business owner they must understand the importance of expectation setting.

Hi Michael,Schlage Encode Smart LockRing DoorbellNoiseaware (if more than 2 bedrooms)Ring Backyard and Side Cameras (Optional)Let me know if there's anything specific I can go into more detail on!

.- Managing Cancellations: We review cancellation patterns to minimize future issues.While managing short-term rentals may seem simple to some, it can be a lot of work behind the scenes to ensure every detail is optimized.

He's reliable, trustworthy, and pays great attention to detail. 

Do you have a specific step where you're seeking more detail or advice?

There should be details on what happens with future bookings.Contact Evolve: Reach out to them and ask about the specific process for terminating your agreement and what happens to the bookings.Have a Plan for Guests: If you’re able to transfer bookings, ensure that guests are notified well in advance, and the transition is seamless.Since you’re new to STR investing, taking the time to clarify these details will help you avoid any surprises or disruptions.

I would truly be interested in the meetup if you want to send me the details.