The property will have to carry the full operating costs and debt obligations by a factor of one.

At $1500/mo, and assuming a 40% operating expense ratio, you're looking at $10,800 in net operating income (NOI).

The insurance company denied coverage because the smoke detector was not operational at the time of the fire.

The project was very well received by this small town and it is a fully operational 20-unit, lakefront, property in a wonderfully busy four-season destination.

A Business License is required to operate a short-term rental."

Tenants don't see any difference between a den and a bedroom as long as it's a functional living space, so you won't run into any issues thereIt's unlikely that you would have to pump out the system more than normal with standard usage, but one thing I would recommend is to always ensure your septic alarm is fully operational.

Hi Amod, my wife and I operate out of Burlington County, NJ so we are familiar with operating in a purely suburban market.

Likely at least 1-3 properties owned and operated within the last 3 years.

@Joseph Davini I'm more in the multifamily space than single-family space, we own and operate a few multifamily properties in Jacksonville but we do manage some single-family rentals as well, so I'll be speaking from that space.

In October and November, the two largest funding rounds went to local tech companies operating in the defense space.