The other is a smaller operation which does a lot of business in the specific neighborhood the house is in.  

If you can come in and operate effectively I think you'll find success rather quickly due to that.BTW - for a property management platform I would highly recommend Buildium.

The plan is to keep operating the property as a PadSplit post-acquisition.

However, they approach financial health from different angles.The 50% Rule is a quick estimate that suggests operating expenses (excluding mortgage principal and interest) will roughly equal 50% of the property's gross income.The DSCR is a more precise calculation (Net Operating Income / Total Debt Service) that determines if a property generates enough income to cover its debt obligations.Deal example:- Class C middle class neighborhood- 4bd / 2ba single family house- ARV: 190k- Purchase: 105k- Rehab: 35k- Market rent: $1,400-1,525- Section 8: $1,475- Property manager: 10%- Taxes: 125 month- Insurance $1250 yr- HOA: $55 month- purchased and rehabbed with all cash.

Dr's, Nurses, Electricians, heavy equipment operators etc etc.. 

For us STR hosts, I know we are very conscientious about guest experience and I want to be proactive about doing things to ensure my business operates successfully.Thanks!

Does anyone represent a wholesale lender or is a broker that knows of a lender who finances commercial (multifamily) properties that operate as AIRBNBs?

Now have a portfolio of 6 properties with some that are owned others just managed but turn key operation for sure. 

These guys operate like flies on the wall.

where do you operate?