If you want to enter that STR market you will need a lot of amenities and theme to keep up so furnishing costs could run 100k with modifications to support getting closer to the top in a tough market if it's not one that someone else was running.In terms of the cash, it gives you leverage on the buy, but I don't think you will like what you see on rates with a DSCR for STR if you only have 3-6 months of activity.

Lender needs to do loan modification but they have to stretch it to three years or more.

Establishing a robust financial base is vital, as it echoes your investment aspirations and capacity for risk.

When choosing a city or neighborhood for investment, it’s crucial to consider:Economic drivers: Look for areas with diverse and growing job markets.Population growth: Areas with increasing population tend to have higher demand for housing.Rental yields: Compare the average rent to property prices to gauge potential cash flow.Future developments: Infrastructure projects and new developments can boost property values.Additionally, it's vital to get local insights.

I consider leadership experience to be vital to the success of a Multifamily Syndication Team as well.

The lender selection is vital to a successful 203k and they area also required to select the 203k Consultant.

Did well with Toll Brothers and picked them up during Covid.SEO and key-word will be vital now moving forward for "buyers agents".Picked me up some domain names also lolOne for the Columbus Cartel also heheWho wants it?

I  send out drip campaigns and also auto pull property vitals, financials and current owner info based on my integrations.

I'm not a fan of shopping lenders solely based on pricing because service is VITAL with lenders.

Just as an FYI Mr/Mrs Moderator lol)When investing in turnkey properties or even if you are buying distressed, fixing up and holding.The most vital part to your ongoing success is going to be property management.