My understanding from experience and learned on this forum is the opposite. 

If this is a first timer with no prior experience, you might be looking at 70-75% LTC.

Your insight is invaluable, especially coming from someone with extensive experience in banking.

I’d love to hear more about your experience—what have been some of the biggest challenges or rewards of running co-living properties remotely?

It sounds like you’ve got a solid foundation, especially with your experience in real estate private equity.Once you’ve isolated a market, building your team early is key.

I have solid knowledge and hands-on experience in construction, including full kitchen and bathroom remodels, hot water heater installations, and pretty much anything that doesn’t require approved plans or specialized licenses.  

With your CPA background and audit experience, you already have a strong foundation for analyzing deals and understanding the financial side of real estate—a huge advantage as you dive into this new journey.

It is a great market but highly recommend partnering with an agent who knows the market and has experience dealing with investors as location is key. 

Wondering about putting my banking info into these and if anyone has any personal experience with any of them.

For those with experience, what has worked best for you?