Property was sitting on market and needed light updates (roof, flooring, paint) but was in a great area that allows STRs giving me multiple options when deciding on rental strategy How did you find this deal and how did you negotiate it?

So I wouldn't make a selling decision lightly (or a rental decision) and I am really loathe to give up a good property with a rate that may never be had again.

If you want to do STR, you want to get as close to the PATH or light rail as possible.

I bought the cheap lowes light blocking blinds. 

Fund higher quality cosmetic / light rehab for durability and dignity for tenants.

On paper, it looked brilliant..cheap money, quick turnaround, and a profit projection that made his eyes light up.It taught me that the real risk isn’t just the cost of capital, it’s the predictabilty of your exit strategy.

Functionally, it operates as a 2-story home since the downstairs area has multiple windows in each room and plenty of natural light.

It's hard to harvest equity on these plays, unless you commit, long-term, towards very light leverage, as the only practical ways to benefit from the equity in your portfolio, if you plan to never sell it, only exchange it, for a lifetime, are to spend the cash flow, or cash out refi.

This property’s location in South End is a major win—walkability to shops, restaurants, and the light rail makes it very desirable.

The World’s Largest Christmas Light Maze is back for its third consecutive season at the Las Vegas Ballpark.