We connected with a local agent who introduced us to a property we felt would be profitable as a STR.

Like others said it might be better to buy a 4-plex and then use the monthly profits to save up and buy a STR.

I wonder if being in the area to manage the problems better, if you could be profitable or even very successful as a D class land lord.

Plus after the 2 years, you avoid capital gains tax on the profit under $500k and get the ability to use your VA loan for your next primary residence. 

It looks like this lady works for a local homeless shelter, which makes sense how she knew to file the complaint with this specific non-profit the day after it happened.

For real estate investors, especially those buying and selling multiple properties, the potential reduction in transaction costs and increased transparency could lead to improved profit margins.

We thought it is ok if it is true and we need to put their name on the agreement, until tenants said they are also running a non-profit organization.

Can you get better deals than splitting profits?

These quickly eat up profits and adjust the risk profile of deals. 

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