The picture they have on Zillow vs one of the several I have with the same view:Your pic is better than the PM's pic, but that pic isn't why your unit hasn't rented. 

I have one bizz partner I sold a 100 unit apartment to 18 years ago for 5 mil and he paid cash..

This portfolio has now fully funded over a dozen university tuitions.   

I own a 21 unit in Lexington County.

But I don't believe this is fully correct. 

I revitalized the front and rear lawns, fully updated the kitchen and bath, along with new flooring, paint and the works.

We created an open concept kitchen to open the space up, added a new rear porch, removing the enclosure and fully renovated the interior.

We created an open concept kitchen to open the space up, added a new rear porch, removing the enclosure and fully renovated the interior.

However, my mother has fully paid for the property, making her the rightful owner in practical terms.

You make $10k from STR, you have to come up with $22k out of your pocket, not to mention the upfront $100k down payment and possibly another $20k to furnish the house unless you bought it as an existing STR.So in summary, in today's market, it's impossible to buy a STR and be a passive owner and still make enough profit to cover your mortgage payment.