However, you need to really investigate to confirm that the property and tenants are performing as expected.Your offer to purchase should include a requirement that the Seller provide all documentation and agree to sign an estoppel certificate (also called an estoppel form or agreement).

These agents will get referrals from me for my CA investor friends (including the ones messaging me on BP asking for agents).  

\I will say, as a PM, where I add the most value if the 24/7 guest communications, 20+ platforms including some big names like JetBlue and Marriott, pricing with RevMax and a live revenue manager, etc. 

Quote from @Fabiola Noel: I didn't know any software included a bank account.

If you’re confident in the seller’s cooperation and financial standing, it may be worth the risk, but it’s important to assess this carefully.Balloon Payment Option: If you go the subject-to route, you can include a balloon payment structure to mitigate the lender’s risk or the seller’s concerns, while giving you time to repair and resell the property.4.

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

So profit might be 10k-40k if I include closing costs and commission.

I handle both short and long-term investments in Myrtle Beach and the surrounding areas, including Georgetown. 

It depends on many things, including your market.

I do the standard buy and hold but the property has to be bought at a discount - 85% of ARV is my maximum - including purchase price and rehab.