Due to the age of the home and the appraisal we ended up closing at 10k less than the asking price.

My client recently purchased a home with a hard money loan and have successfully rehabbed it for use as an Airbnb rental.

I took a small private loan and bought my first home.

I think the A frame idea works great for this setting, but some have said the A frame style steeper peaked roof works better. https://www.instagram.com/redtail_cabins_adu/

Their charges for repairs have gone up the roof and they are not competitive at all.

With no comps in the area for new construction and the highest rehab selling for 205k, building enough at the onset, 4-6 new construction homes, may be the only way to start a neighborhood turn.The city is looking to increase density in the area and add anchor points in near the area to cater to future investment. 

I've always wanted to see if he's on title and owns his home or what the story is. on another note, where is your airbnb in miami?

It really doesn't apply as much anymore in most markets because rates are too high and homes are selling for too much. .75% rule is more viable and would be the new 1% rule in this market.

"It seems the home you recently moved out of, was listed for rent on Zillow.

Zillow also hs a "Make Me Move" feature you can click on to see home owners listing their property in hopes of a good offer.I have also seen peopl reach out tp local AFL Assisted living facilities to talk to the Admin or on boarding nurse to see if ay families or people need to sell their home to cover costs.