If you're the type of investor to leave lucrative vacation rental investment to luck, then this post is not for you..It is intended for those that are looking for a fool proof strategy and tips to finding, assessing and buying an STR in the mid to near term. 1.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Hi @Elijah SkinnerTexasDallas Fort Worth solid tenant pool & renters where we have tons of job growth opportunities

Any real estate professional knows..it's not closed until it's closed. Getting to contract is one step, the real work begins with getting to the closing table. As an investor focused buyer's broker I spend the majorit...

I'd be more than happy to chat and provide some tips to anyone about any of our local markets. 

I really liked your spreadsheet and tried to mock it a bit with my own flare.Thank you for the tip! 

It's a risk, of course (because they may not sign your lease or move in on 8/1), but to offset your risks, here are some tips in general terms. 

Depending on location you may also need regular pest control and pool services. 

Thanks for the tip!

Here are some tips for networking and making the most of your account. 1) I'd fill out your profile fully before you do anything else!