It is a lot more cost effective to have things custom made than to pay 80% import tariff, plus it is local.

Although the percentage of the increase is large, the determinative factors are whether the resulting rent is so great as to shock the conscience of a reasonable person and was effected for the purpose of compelling the tenant to vacate."

The BRRRR strategy is doable for a newer investor, but it requires a lot of effort, consistency, and hands-on involvement—it's not exactly a passive way to invest.Whichever route you choose, if you're taking on the bulk of the work to analyze deals and select the best ones, it’s important to ensure your partnership reflects the time and energy you’re putting in.

@Peter Mckernan Love the way you did that deal and agree that those deals exist both on market and off market you just have to be able to look for them in an effective way and add creativity. 

In Portland for example we are not allowed to increase rent more than once in 12 months, and it must be less than 10% increase in "effective rent".

Some of them have phone numbers as well, but pretty much all of them are marked as Do Not Contact.Does this seem like an effective track to stay on?

@Kim LeduffIn our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

What you could doIs continue to pay that loan and have the owner also select finance you the balance.

This can create a subtle but effective pain point for the landlord—especially if they’re not excited about taking on those responsibilities.

Once you have selected this market, begin doing researching on the current regulations as well as the political climate regarding STRs in that market and whether or not there are any upcoming proposals on the market docket that may shift or change the current regulations.