Wow so many great replies and advice.

Readers should seek professional advice.

My best piece of advice is find the most nit picky building inspector you can.

I’ve never done this before, so I’m seeking advice on how to analyze deals like this.

Hi everyone! I'm new to the community and just recieved my first application for our rental property in upstate ny! We're trying to best screen the applicants and my original standard was 3x monthly income and credit ...

Here’s a quick overview of potential pros and cons, along with general advice on working with hard money lenders like them.Pros:Flexible Financing Options: Rehab Financial Group often specializes in real estate investing and provides hard money loans for BRRRR deals, which may be a good match for your needs.Quick Funding: Hard money lenders like Rehab Financial can sometimes offer quicker access to funds compared to traditional banks, which is important for BRRRR investors looking to move fast on properties.Cons:Higher Interest Rates: Hard money lenders usually charge higher interest rates than traditional financing sources.

There are experienced PM's on here such as myself willing to coach and give advice. 

I believe in putting in the work—1,000 hours of research, testing, and learning—before offering advice, and I’m excited to tap into the collective wisdom of this community to refine my approach.Here’s where my head is at: I’m considering strategies like short-term rentals (Airbnb) for higher cash flow, long-term rentals for steady income, or even creative options like house hacking or partnerships to stretch the funds further.

Andy advice is appreciated! 

My primary focus is on maximizing cash flow.Does anyone has experience with STRs in Aspen, I’d love to hear your advice or insights!