The state’s housing is also ranked as the fourth most affordable in the country.Alabama currently has the second-lowest average property tax rate in the country at 0.4%, which helps investors keep more of the money they earn.

Just note that Kansas City has a higher population growth rate than St.

3.Draft a written agreement where the property owner retains full ownership of all guest funds (nightly rates, cleaning fees, and taxes), while the cohost invoices for management fees and reimbursable expenses?

Occupancy rate is about 60% and annual revenue is about 40k (without filtering anything).

I let you draw your own conclusions, which you seem to have done already.Because nobody can see interest rates in the US drop any time soon, many investors are hoping for a new foreclosure crisis for the to be able to get deals that work again.

your owner occ loan should be done at todays rate what your bank quoted you was commercial terms and not even good ones..

We just discovered a crack in the concrete slab foundation that is a borderline major problem:- It is a vertical crack about 1/8 inch wide that is at least 9ft long, which is causing a 3/4 inch drop in the flooring and some evidence of old (luckily) limited moisture and termite intrusion. - BUT, it also appears old and probably a symptom of the original house settling.

I am just worried this might be a mistake as it as a high cash flowing property and my mortgage rate is a low 3.125%.

The no-show rate for prospective tenants in this area tends to be quite high.

Purchase price: $1,500,000 60k sqft office building that we are redeveloping into 78 market rate apartment homes in 2026.