If you are wanting to scale: refinance and deploy for additional acquisitions. 

Was feeling uneasy with the economy and wanted more cash to scale and to reduce debt.  

When I preview my properties on VRBO I see a scale of 5 but when I preview it on Expedia I see a 10 scale.

But when it comes to playing on a larger scale you will likely do much better with a mentor or a paid coach.  

What you get from me is honest, no BS, reality check advice and tips to help you not just buy a property, but set you up for future success if you are wanting to scale this into something bigger.

The people who do it make their money in other aspects & Property Management is kept around to help fuel those activities, provide economies of scale & additional presence in the marketplace.

I do however know a few people that have scaled up STR businesses here, like one friend/client who has 12 and there are some bigger players for sure.

I’ve been doing BRRRRs in Memphis and Detroit since late 2020 and now have 9 doors across those markets. 100k with the right deals can allow you to scale to about 8 or so doors that all cash flow (after taxes, insurance, property management, mortgage) about 400-500/month each.

Market rent for each is 1950-2100 (the 1600 tenant was there when I bought it and super low rent but great tenants so i made a plan with them to raise it to market over the next three years as the jump would be way to much all at once). mortgage currently with insurance and taxes escrowed is 2100.I have a really low rate which makes this decision hard but the equity would help me fund the next 2-3 deals and enable me to start scaling faster

Lending standards are tight across all lender types, and regional banks are scaling back their pace of originations.