Thanks, Jim Rice Hello Jim, We are located in Central Florida. 

I am but our cleaning crew does it for us if we are out of town.

. $1500- $960 + $200 IS $340Cash in your pocket after everything roughly $1500-$1160-$340 which is not bad for a 100% financed deal(INFINITE RETURNS)Now, If you ran this analysis on a 1% deal as @Nicholas L. mentioned you will undoubtably end up in the red each month.All the best!!!

Quote from @Amanda Henry: We are attempting to collect a $572,379.35 judgment against Chau Ong for investment fraud in Texas. 

Dan, we are in the Chicago area industrial sector, albeit in the flex, small-bay arena. 

For this reason, it would be prudent to not overleverage yourself in this type of environment in order to wait and see where rates do end up falling, as there is consensus in the market we are moving into a falling rate environment, the exact timing of when rates will be falling is unknown and different scenario analysis should be added to underwriting refinance periods to be sure the project is sustainable if inflation resurges and a refinance is delayed.

We plan to rent it out, as an STR, while we are not there.

We are property managers with homes throughout Kissimmee and also in Orlando near the convention center and Universal’s new theme park, opening in May.

But yes, now that we are here, maybe let him know that if things do not get up to date or cleaned up you will go to his superiors.When people are late right at the beginning, I let them know that the behavior is not acceptable and let them know there are consequences to that bad behavior. 

If have investment property, we are looking for relatively updated units (we are ok doing some work ourselves), class C+/B tenants, with rents either close to market rate or that can be increased.