Is that on the general contractor to keep us posted?

Financing can also vary depending on whether it’s 2-4 units or 5+ units so keep that in mind as well.Having a strong team and lender familiar with multifamily deals is crucial.

It's crucial to keep investors informed about these factors and help them understand the rationale behind our long-term strategies.

Keep in mind rent control is 1 thing, its a laws for existing tenants but some city's like Newark are so strict that you must get approval for what rent can be even after a tenant moves out and new ones move in. 

Re the 3 night stay, keep that minimum. 

Keep that HELOC in your back pocket for furnishing and make ready expenses on your next STR.

@Jonathan Small keep on building your portfolio!

I told him I was having these issues & he just told me to keep trying.

@Arshiya Taami yes, you could potentially keep the great rate in the #% range that you have and tap in to the equity with a 2nd loan of up to around 80% to use for the down payment funds you are looking for.

Keep in mind those people will live somewhere and SOME of them will be good tenants!