Since you know what you need to buy it at and an average rehab cost, I would say $50-70k for a cosmetic flip, set the ARV based on the sample you choose and doing comps and ask them if they would invest in a deal similar to this. 

Since you said you don’t really need the cashflow because you are sitting on huge reserves do the math based on income instead of cashflow.

Hi everyone,I am looking for feedback on the Residential Assisted Living Academy based out of Arizona. 

These loans are based on a property’s rental income rather than your personal income, making it easier to qualify as you expand your portfolio.Networking and Mentorship:You’re already off to a great start by reaching out here!

We've never used percentage-based criteria, like the 70% Rule, for purchases.

I'm based in the Boise area so we're a little far apart.

To maximize your investment, use financing options like FHA or conventional loans, analyze deals based on cash flow and cap rates, and network with local investors through REI meetups and BiggerPockets.Good luck!

@Kevin Connauton, I agree with you that although Pad Split is a great choice for getting the rooms filled, they don't cover all your bases in terms of property management.

Was hoping to get at least 115k based off what comps were.

Based on that, their personal use kills the STR loophole from 2024 forward.