Why would you pay down a 7% interest rate when you can utilize the extra payments towards actively investing in other opportunities that can provide a higher return, e.g. actively investing in real estate.

And you can provide a good value by charging a lot less than the big operators.

The operation of an STR has almost nothing to do with real estate and 100% to do with hospitality, that is where you can distinguish yourself from other operators, provided you made a good decision in your initial purchase. 

If the building cannot be salvaged,  a lender could still provide financing for land value less demo cost.

The best part is that you are making a positive impact on your providing housing for those who would not be able to afford living in said neighborhood.Managing the property and members are things the entire PadSplit team is good at.

I'll provide more context why it seemed this way below.I imagined the call would be an opportunity to learn about their section 8 process and opt into their email list.

If you watched the video I provided in the post It will explain how the strategy works very clearly.also thanks for the advice!

I worked with a company providing turn-key rentals.

The property should have more impact than credit for hard money, but if you have never used the company, you are probably looking at 14 pct and 2-3 points now.

Ensuring transparency and efficiency in managing owner resources is critical1.Clear Communication on Costs: Provide owners with detailed breakdowns of repair costs and explanations for necessary expenses.