@Melanie AlzugrayInvesting in a resort you and your family enjoy is a fantastic approach.

As I approach my move out strategy where I will be converting my upper unit into a STR, I often think of guest interaction amongst the two units.

@Robert Spiegel Great question, and it’s always a balancing act when dealing with long-term tenants who’ve been fantastic overall.Based on my experience managing over 1,200 rental homes in North Texas, including areas like Dallas, Fort Worth, Plano, and Frisco, here’s how I would approach this:Cleaning Charge: While $540 may feel steep, it can vary depending on the size of the property and local market rates.

Is it best to approach an architect or a land developer for what I am proposing?

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

If you approach the conversation by first finding out their goals, then you can back into a strategy that will work for the both of you.

I feel like there’s a balance between being decisive and being reckless, and I’d love to hear how you guys approach this.

Hi to everyone,I would like to ask that ,my banks in my country (Greece) are unable to provide refinance options for the BRRRR method (Buy, Rehab, Rent, Refinance, Repeat), what alternative realistic strategies can I consider for implementing this investment approach?

We’ve found this approach fosters trust and creates a solid foundation for long-term relationships.

What approach is correct?