I stay away from them these days and just wholesale.

Initially I really wanted to do a STR down in North Padre Texas (as it is a place I have vacationed for years and have stayed in at least 8-10 of the STR in the exact complex im looking into, I see how my STR could stand out amongst the rest since Im huge fisherman down there and that is mainly what those STR are used as, already have boat rental option setup if I go this route, list of fishing and possible guides to go with depending on style of fishing, family, fun, hardcore wade fisherman etc etc and equipment rental available for those that do not have.), the places im looking at are decent $ properties that after running through calculators etc showing 18-22% CoC after management fees etc.But after listening to BP for about a month, now thinking BRRRR possibly and doing up here in the DFW area.

I would be surprised if my underwriting would show only a $5K/month negativeIs it San Diego city or San Diego metro area but not the actual city?

I'm actuallu surprised and I'm sure there are volumes left unspoken here by the OP about how hard it must have been to make it this far.

Make it a destination stay for sure!

I hope you are staying safe in this difficult time. 

It was a true trade-off as the Logan area is more limited in STRs and new builds so ADRs are higher and likely to stay there compared to RRG where the market is headed towards being flooded and there's the potential of ADRs going down like in Gatlinburg/Pigeon Forge area. 

As far as benefit to the seller goes, @Matthew Paul I think you are probably right on the money and regardless of whether they would have preferred to stay in this house rather than move, it is likely providing them some excellent cash flow; and I'd be hard-pressed to come up with a deal that serves both parties better than the current situation. 

⬇️#AffordableHousing #HousingSolutions #Jacksonville #LegalVictory #PadSplit no one wants to live in these you'd be better off building extended stay with 250 sq ft rooms 

I know I won’t be able to refinance it right away as I have been a stay at home mom for many years.