It's now converted into a cash-flow positive long-term rental.

We own a real estate, mortgage, and property management company solely focused on Short Term Rental Investments How did you find this deal and how did you negotiate it?

We care about our investors' success, but it's ultimately up to each investor to take action to accomplish their goals however they do it!

We specialize in short-term rental investments through our integrated real estate, mortgage, and property management services, delivering expertise at every stage of the process.

The big unknown is how deep the electrical and plumbing work will go.Also, with the attached 1/1 unit, I’m debating whether this could work as a long-term hold instead of a straight flip.

It is a very long term investment but would sell for insane profits C.

Talking to people who’ve done deals in your market, both successful and unsuccessful, will give you invaluable insights and help you develop your niche.I know that’s a broad answer, but hopefully, it gives you a good starting point!

It’s a great way to add value to a property without putting a ton of money upfront, and it can set you up for financial success in the long run.Has anyone else done a similar renovation project or used a gift of equity in their deals?

I worked exclusively in STVR property management on the island and currently work in long-term property management servicing the West Metro (Minneapolis).

Quote from @Nate Marshall: Quote from @Robert Short: This is my concern as well.