They’re affordable and a hit with families and groups, especially for evenings or bad weather.

If they’ve never weathered a rocky market or interest rate shift, their pro forma might be built on wishful thinking.

Once the property is in a rentable condition you can explore a strategy to rent it STR, MTR, or long term.

Assumed nothing could possibly go wrong in the next 5 years what you want when you look at an investment property is to know the current rental amounts, specific expense items, and conditions of the building, grounds, and mechanical systems.  

The places are kept clean and In perfect condition.  

However, its subscription costs can add up, and the effectiveness of direct mail depends on execution and market conditions.

Keep in mind local zoning laws and market conditions in Portland versus Salem—Portland might offer higher rents but stricter regulations, while Salem could provide better cash flow opportunities.Your design approach has proven successful, so continue focusing on appealing upgrades like kitchens and bathrooms, but prioritize cost-effective and durable materials for rentals.

However, we are able to offer this type of financing internally with our own funds on a case-by-case basis, taking into account the borrower’s profile, the property’s condition, and the scope of work.

The 1% rule does not consider the condition of the property and is very limited. 

We built and sold 8 spec homes from 2020 - 2022 before taking a break and haven't been able to get back into it since due to market conditions in our area.