Here's a link to both of their PadSplit stories:Jeff: https://www.padsplit.com/host-resources/case-studies/jeff-we...Fernando: https://www.padsplit.com/stories/hosts/fernando-and-amaris-c...Quote from @Bob Willis: I am interested in talking to someone about the process of funding via DSCR the acquisition of a property currently being run as a PadSplit.

I don't know if I will do the a/c and heat but might do dishwasher and w/d soon.My dad bought the building in the 70's when I was a kid.

Hiring one B player brings everyone down and having a team of B players actually makes you a C team.

@Gloria C. - there is no absolute answer to your question. 

Class A: around $250k each = $7.5 millionClass B: around $175k each = $5.25 millionClass C: around $125k each = $3.75 million- maintenance & tenant-nonperformance will require more unitsClass D: unlikely to work outSo, how are you going to turn $500k into at least $3.75M?

I have 0 experience ground up construction loan program nationwide that does NOT require GC to sign anything, only provide proof of 3 C/O's (certificate of occupancy) over the last year I.e. built received occupancy permission now unit is on market or habitable. 700+ FICO I can get you 80%LTC loan to cost on the project on ground up construction for 1-4 units.

C

I just stayed in a hotel in Moab and we had an A/C issue and it took two days to resolve and, honestly, that's not that out of line with my normal experience at hotels.I don't know where people dreamed up this idea that all hotels have someone waiting outside your room ready to resolve anything in 5 minutes. 

You can find something in Durham and parts of Raleigh, specifically zips 27610, 27603, and parts of 27604 that would meet your criteria, however generally speaking most of the inventory that would fit what you are looking for in Raleigh or Durham would likely be in neighborhoods that I personally wouldn't want to invest in, C- to D type neighborhoods.

Quote from @Deltrease Hart-Anderson: What are your thoughts on putting new construction in a B+/C- neighborhood?