The area is small but is right outside of Bowling Green (the third largest metro in KY-60 miles N of Nashville) and there is residential construction going on in the area that appears to be selling around $225k on average for a standard 3/2 home.

The strip includes a super Walmart, In-N-Out, Starbucks, and others: https://www.cerescourier.com/news/local/ceres-gateway-centers-biggest-project-a-hotel-under-construction/Merced is bigger though, with the high speed rail projected to have a stop there.

A security is "[a]n instrument that evidences the holder's ownership rights in a firm (e.g., a stock), the holder's creditor relationship with a firm or government (e.g., a bond), or the holder's other rights (e.g., an option)."

Doing both fix n flip and DSCR, happy to connect on this.

(Yes, I live on rice 'n' beans)If you have an underwriting process that can focus on my current cash-flows (and perhaps track record of successfully stabilizing properties), I invite you to comment or DM.THANKS BP COMMUNITY!

I just had an offer on a 5 bed 3 bath STR in N.

I own and manage a short-term and just finished with long-term in Seattle (Belltown & N Beacon Hill) and also a real estate agent.People with skills are always in need, for sure.

I wouldn't say housing market in Austin has crashed ... we just bid on a prop this weekend in central Austin and it went to multiple offers, my friend just bought in N Austin and there were 12 offers on that prop.

LT buy-n-holds are not for wealth creation, not at any form or function of scale. 

I asked a very simple question dont need a lecture... https://www.investopedia.com/terms/n/negativeamortization.as...