However, I don't think I will be able to borrow against it due to the fact that I have already gutted it. 

@Jason Proulx I think your missing the entire math of things here. 

Quote from @Brandon Weis: In your opinion, as you are starting out at 0 reviews, do you think it is a must to beat the competition on price to overcome customer's hesitancy or lack of trust with no reviews?

I'm more serious about it now so I don't think I retained a lot when I took them.

The house is currently under management so I’d think they’d take care of getting top market rent but I think we all know that management companies can be hit or miss.

Quote from @Spencer Thomas: Quote from @Dominic Mazzarella: Quote from @Spencer Thomas: View report*This link comes directly from our calculators, based on information input by the member who posted.What do you all think of the deal and how I analyze it? 

You could put seller financing on second position and get financing for the first and do a 90% CLTV.I don't think any lender (unless private) will let you put nothing down.

Quote from @Megan OConnor: I am new to investing and we are thinking about a STR in Ludlow, VT.

Think multi unit residential, commercial properties, or purchasing houses “subject to” existing mortgage.  

I could be wrong, but I don't think the economy supports those numbers.