Jacksonville-based agent Bryan Carnaggio observed, “Bidding wars are very rare these days.

When I got my SGL it came in with a significantly less percentage than my ownership percentage when I questioned this they stated:  "The 0.19838% is his weighted average percentage based on 0.4476% ownership percentage since he came in 2/8/24.

As for those lease numbers, understanding it is still new build I hope there is some TIA built into that base rent otherwise it seems quite high if its a cold dark shell delivery with no buildout. 

I never thought about maybe they are assessing it based on wrong fundamentals such as you said.

As a real estate agent based in New York, specifically on Long Island, I'm eager to hear from anyone who has experience with BRRRR properties in this area or has valuable tips to share.

Quote from @Brennen McConnell: Can you qualify based on the following USDA requirements?

They want to pay based on what you're actually making.But I also believe that the square footage of the cabin plays a big part too.

I highly recommend investing in a property management software, such as Hospitable, for syncing your calendar, automating messaging, and scheduling cleans, as well as a dynamic pricing tool, such as PriceLabs, for optimizing your pricing based on market demand, local events, and seasonality. 

Hey everyone,I’m a new real estate investor based in New Jersey with a strong desire to learn about investing in a practical, hands-on way.

Really is no program as its all experience based.