Too many investors overpaid for STRs in popular vacation destinations and painted themselves into a corner where the property only works as an STR.

Some of your quotes from this thread will be used as supporting material in the production.As some of you may have guessed, a lot of information about her has been removed since her case came to light so it's sort of difficult to piece this story togetherIf anyone has any information they'd like to share that would help paint a clearer picture of her actions and the damage she's caused, please reach out to me.

Purchased it for $65,000.00 and replaced the plumbing, floors, cabinets, and painted for 18k.

getting a place painted and ready for a tenant - sure. 

you will find tons of examples, poor signage, little security, worn paint, no one answers the phone, etc. start on google maps, street view, then start driving. you'll know it when you see it.Public Storage/Extra Space Storage it aint!

Until you spend 20k on paint and some new kitchen appliances, but the roof and foundation are still shot and the 100k ARV is more like 70k in reality.

Additionally, you should request a Real Property Disclosure (RPD) and a Lead-Based Paint (LBP) disclosure from the seller.

Updated backyard with artificial turf, painted entire exterior of home, replaced carpet with vinyl planks.

but with that said - a lot of new investors to the site will come on and say they 'found a deal' that they're 'going to BRRRR,' and it's just a property listed on Zillow at 99.2% of ARV that needs to be painted. 

Light rehab, paint, blinds, fixtures, and paint cabinets.