Maintenance costs are a huge factor in the profitability, or not of any investment property. 

It is about creating a balance between being open to new tenants and protecting your property interests diligently.By fostering a more secure leasing process, you can ensure that your properties remain profitable and that your relationships with genuine tenants are based on trust and reliability.

If you are very conservative purchase a fixer upper so you can force equity and hopefully have a low enough payment so that you can LTR the property or even sell for profit should the STR avenue not work. 

agree .. other wise its just the bottom feeders looking to take his equity from him  with couching it as a rescue.. his best bet it to sell if its owner occ the profit is tax free .. regroup and start over.. 

Net profit could dip to $20k-$40k, which is tight for this scale of project.Consider adjusting your reno budget or negotiating the purchase price.

Our recent fund was a preferred return plus a split on profit after expenses.

The profit made all the challenges worth it and reaffirmed my passion for flipping houses.

The profit made all the challenges worth it and reaffirmed my passion for flipping houses.

And it wouldn’t even be ONLY profit motivated.

Marie, Please keep in mind that when you see people referencing with these funds it's because they are invested in these funds, bought the sales pitch hook, line and sinker and are being told by the operator, "don't worry about the market, we're experienced and conservative so you'll get all your money back and a tidy profit.