I’ve handled almost every aspect of renovations myself—plumbing, tiling, painting, drywall, and general construction.

A second STR in a market with year-round cash flow potential might balance out your portfolio and give you more consistent income.

There was quite a bit of unused land and the zoning gave me some flexibility if I wanted to expand various aspects of the property.Also the self storage units were all below market rent and the seller was willing to finance at a decent rate with a 5 year balloon.

For the few that don't/can't refinance, we would sell the note, likely at a discount, but considering they would have been paying for 5 years consistently at that point that would make it a very attractive for most note investors.

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

Investing in multifamily properties offers steady cash flow, diversification, as multiple tenants reduce vacancy risks and provide consistent income.

Your insights can provide valuable context.Would you like more specific advice on any aspect of the appraisal process?

Focusing on what you can control, like consistent effort, really sets the foundation for success.

She also provided further information - after the meeting, via email - about aspects of points we discussed.