Quote from @Miguel Del Mazo: Quote from @Jonathan Greene: Quote from @Miguel Del Mazo: We have 3 2/1 condos in our portfolio that attract traveling professionals (medical or otherwise) and a triplex that we essentially BRRR'd down to the studs.

A skilled property manager understands tenant segments and their behaviors, which helps attract reliable renters.

The metro’s unique road system has attracted companies, including Uber, to test new automated car technology, bringing many high-paying jobs to the area.”

STRs generally produce more income than LTRs, but they are more work.

It's very unique and I think would be attractive to guests looking for a comfortable get away in the mountains. 

I've heard add 1-2% to your current rate, but it seems I could do a little more than that and it still be an attractive deal for the buyer.Also, I would like to find a loan processing company to deal w/ the payments & record keeping.

Because, the lender is entitled to know what risk they are taking with their money.That being said, on seller financing, if someone gets sued and loses, the lien/judgement can be filed at the county, (it's not automatic, someone has to prepare and send the paperwork) which the bureaus will pick it up on producing a credit report.

Keep in mind that inexpensive properties are inexpensive because they are less desirable properties in less desirable areas and attract less desirable tenants.

This amounts to lost opportunity because if you had purchased RE, at the closing it can start producing return. 5) ADUs detract from the existing structure whether this is privacy, a garage, or just yard space. 6) this is related to number 1, but there are many more buyers looking to purchase homes for their family than there are RE investors looking to purchase small unit count properties.

If you want to keep the architectural attractiveness of the house, it usually runs a bit more expensive.