But we would still be guessing.The game-on for you is to get your GC out to the property and give you a budget beforre the proeprty gets snatched by another investor.

The handyman would reach out to the tenant to coordinate availability, then coordinate with you on the issue and fixes needed.The Smart locks are a game changer.

Your fixed costs could be something like the following: $5k property tax, $2k insurance, $3k utility (including internet and TV), $2k landscaping (mowing, weeding), $2k or $3k maintenance (if you have a pool or hot tub). 

When it comes to the STR game, differentiation is critical, and that can be challenging with a 550 square foot oceanfront condo. 

Now I am getting in the game myself.

I wanted to get back in the game again but don’t have much in reserves that most if not all HML require.

Outside of real estate, I’m a huge sports fan, so you can usually find me glued to almost every game on the weekends.My interest in real estate began as I explored different ways to generate passive income, which ultimately led me to the BiggerPockets community.

Even large and small businesses with intangible residual services like TV, internet, security, pest control or the local contractor with remodels in process could fall behind on payments revenue contract. 

Have flexible repayment terms been a game changer for your deals, and if so, how have you leveraged that flexibility to scale your investments?

It would be good to talk to a lender to make a game plan and review your financials.