The agency half is what keeps their doors open, lights on etc.

It takes us 6 to 8 hours by the time we bring in lights and post process all the photos.A critical element is the skill of the property manager.

Even a light rehab is going to profit over selling it tommorrow the way it is.

I felt I had a pretty good understanding of DFE already, and I too was thinking it doesn’t make sense to use it for a brrrr, but for some reason your post just gave me a light bulb moment - so if I did in fact use your first example and I purchased a property all cash at $40k (and this was your only cash investment in this process) and financed the $110k rehab...that means I can actually get my entire cash investment of $40k out before the 6 month seasoning refi requirement.

It is truly amazing to me that people will actually tell you something with a str8 face and know the whole time that what just came out of their mouth you are more likely to win the POWER BALL lottery then see what they said come to light! 

A lot of people post pretty decent deals that have either already been rehabbed or it needs some light TLC.

In a matter of a month after that first deal the lights came on and the roller coaster took off. 

In the next three years, I made several improvements—removed the asbestos/popcorn ceiling, added some can lighting, updated a few light fixtures and faucets, and bought a new stove, as well as painting the whole place myself.

As soon as you think you see light at the end of Airbnb's customer service tunnel they will hit you with another policy that was nowhere to be found on their policy page 5 minutes before your complaint.

I would consider a light gray or taupe to go nicely with the black shutters.