In 2022, there were ~6 million single family home transactions and in 2024, we are projected to hit just shy of 4 million single family home transactions.

Is a single family home valuation altered or adjusted if its operated as an STR? 

This might work for single family owners with properties on the B+ A segment that how low maintenance but even then I would be worried about rent collection, evictions and delinquencies not being properly attended 

Truth be told, your lender should have looked at the property up front to see that it is an illegal triplex zoned as a single family prior to you going under contract and told that you that it wouldn't qualify for conventional financing...

The ground floor is occupied by a commercial restaurant, and the upper floor is designated as SRO (Single Room Occupancy) under a pre-existing non-conforming use.

Just going to use this to button up the house for minor maintenace items. 

If you have excellent (760+) credit, can hit a 1.20+ ratio, loan amount is where it needs to be, it's a single family long term rental and you're okay with (and state/lender allows) a 5-year prepay, low 7s is possible.

A couple of my best investments are single-family homes built in the 40s but they've been maintained over the years and don't have major problems.You say it "almost negative cash flow" but your rent income is only $126,000 and you've spent $150,000 on maintenance.

BiggerPockets needs to aspire to perfection in every single piece of content reflecting a “rational optimism” about real estate investing - we believe in it’s power, and fear near-term volatility. 

Hi Folks, not sure if this thread is being monitored,  but I have a couple of single family homes in tulsa that i'm trying to rent out as a mid-term rentals (to traveling nurses etc).