I think arbitrage is a great way to do STR with the high interest rates / inflated housing prices we are experiencing now.

Low cost housing is a huge motivator to change behavior and keep their housing voucher. 

Quote from @Alan Mills: Yes, I would agree with Chris and Bill, but if you have an option to get around this by putting it inside the house?

At event they had in Tampa in january he briefed selling a big bundle of houses to start paying back...his farms are for sale now or forecloser on them.

I had a chat with them on the phone as i was curious about the funding.. but came to the conclusion that the down payment ( the client made to buy) was probably what they paid for the property and the seller carry back note was the profit.. and then the seller carry back note is sold to yet another investor.. who is investing for coupon money.   

Seller (also the agent) purchased it in Jan 2023 for $730,000.

Starting your real estate journey with a house hack in Austin is a smart move, especially with its strong rental demand and appreciation potential.

For example if you think the house is worth 200K fixed up you need to pay 100K to afford the hard money loan and rehab budget and still have a profit.

Even if you rent the house for $2,000 a month, you will still lose because of maintenance, vacancies, and the expensive mistakes common with newer investors.You can borrow up to 70% of the equity.

If you need help with landlord laws, house backing strategies, or traditional MTR investing specific to New Jersey happy to help.