The investor can also oversee management the first year of operation.Sure - STR arbitrage an incredibly narrow scoped business.

Any advice or experiences you could share would be incredibly valuable.Here is what likely returns are for investors:$500k profit: LP returns 53% in 9 months. $1M profit: LP returns 102% in 9 months.Thank you for your input!

Macroeconomics is incredibly complicated, I hope things get better soon.

(Not easy to do without experience I know) but that's where education comes into play.Finding motivated sellers, being able to communicate effectively, problem solving, understanding of market values, and an understanding of rehab cost.

And there is no function at all to import transactions from my property management companies, so I need to keep a separate set of books for things I pay and then have my accountant manually reconcile my books with the property management statements at tax time.Fourth, it's incredibly complicated and hard to learn, but the customer support is very limited and rarely helpful.

NOTHING can generate motivated seller leads.

Or what about the syndicator who wanted to complete a condo conversion but the units are going to be geared towards empty nesters and that buyer is not motivated to make that next move until rates calm down & the GP is forced to continue to carry a building as a rental asset when that's not its true or highest and best use but still projects to be an excellent development once the market conditions are better aligned..... 

If you have a broker/agent representing make sure they understand your motive behind the purchase and your contingencies are expressed with full-force of being able to get out of the PA/LOI.

This strategy looks very lucrative on paper, but it is incredibly difficult to finance since it makes the property functionally obsolete.

So, that is of course a nothing-burger and again nobody asked about that since the question was what would motivate someone to buy these deals.