I love Cross Country specifically because they can service their own loans meaning that they handle all the construction draws and payment processing.Plus, I like Homestyle over 203k because they don't have as strict of guidelines on what has to be renovated.

Lease is coming up for tenant and we would love to sell the property, but just don't think we will be able to get what we payed for it back in the summer of 2018. 

Would love to connect with anyone and everyone who has advice about this topic.

I would love some honest feedback to see if I am way off asking over a million for this property. 3 years since we started, every year gets better and 2024 was the first year with all units opened. $185k revenue. $100k expenses.

@Brandon OrtizHey Brandon, I saw your post and love that you are focused on investing. 

Hey Dallas - Love that you’re already thinking about this so young!

I need a suggestion here to handle maintenance and cleaningTURNO for automated cleaner payment and scheduling along with inventory trackingQuickbooks / Bookkeeper to keep my PM business in alignmentChase bank & trust accountI'd like a better method for managing linens (bulk order) and distribution.I'd love to compare property management / cohosting agreements with someone to share best practices. 

However, I do agree that there is a problematic trend of guru's falling in love with "creative" without understanding the big picture.

If you ever set your eyes on the market here at Memphis, TN, I'd love to connect and have a talk about what your future steps are! 

I love a challenge.