and run a few scenario's then adjust accordingly.

what you're going to run into is:-most people won't answer.

Second, I look at listing photos and Google Earth Street View to assess the condition further.Third, I determine a rehab scope and run it by my agent.I have my agent, inspector, and contractor walk the property together.

They might look like base hits today with low cash flow, but they’ll look like home runs in 3-7 years.

Maybe run a black friday special :)

Thanks for the heads-up.

A property owner that is looking to maximize return may want to run their own STR.

Also, you'll want to run a few different scenarios on this given the relatively small loan size.

So, make sure you are always looking to acquire properties, but I wouldn't hold that goal over your head because you might make bad decision to get your number when the deals just aren't there.

If you havent already, run scenarios with your lender to get an idea of upfront & monthly costs for getting a heloc vs selling and then purchasing a MF as a primary.