Meanwhile, gross rents of $1,800+ for 3-bedroom single-families is an achievable figure, so it’s possible to generate cash flow if you lever modestly.There’s a bunch of other stuff that’s worth highlighting—the economy, demographics, neighborhoods, new construction, and more.

If I believe I can generate enough profit this year and navigate any potential inspections next year, I’d be comfortable moving forward—using the income earned to cover any necessary upgrades.An alternative exit strategy is to document the financial performance and sell the property as-is, highlighting its strong short-term rental income.Think through your next five moves, from best to worst-case scenarios, and make a decision that aligns with your goals. 

Make sure to prepare a professional proposal, highlight your STR track record, and be transparent with your financial projections.

✅ Yes, IF:You have a system in place for cleaning and chemical balancing.You have a reliable team that can check thisYou market it properly (highlight it in photos and listing descriptions).🚫 Not Worth It IF:You don’t have a dedicated team or someone to balance for every turn.Your climate or guest demographic wouldn’t use it often enough to justify the cost.Make sure to have waivers, I ran into issues with people saying they got bacteria from it etc.

Hi @Raymond Kalonji I would follow what all have said here, but I want to highlight one thing while working with section 8 or any other tenant is very important "timely communication".

I have learned to color code (highlighter) and plan the month/year or week ahead. 

Talking to an appraiser early is a smart move—they can guide you on what improvements will add the most value.Don’t forget to fix any deferred maintenance and highlight unique features like tall ceilings or original hardwood floors.Let us know how it goes, and feel free to ask more questions—we’re here to help!

While you did point out the negative aspects of a deal like this, you didn't really highlight the pros on the RE side and future investment, appreciation etc.I’ve done two of these projects in the past 3 years in SoCal.

You might also consider highlighting the benefits of a quieter, more relaxed stay during the week in your listing description.Since you're already optimizing your pricing with Priceless, a short-term promotional discount might just be the extra push needed to boost weekday bookings.

We have a somewhat specific wishlist for lending requirements and terms that I will highlight below.