Great a portfolio of rental properties and generate cash flow.

@Tiffany Alfaro your license can help you if you use it to consistently and systematically generate leads. 

If market conditions change or you struggle to generate enough revenue, securing a commercial loan could be tough, and you’d risk losing that money. 2.

My goal is to purchase a turnkey STR property, manage it for at least 100 hours in the first year, and use depreciation to meaningfully offset my W2 income while hopefully also generating cash flow and property value appreciation over time.

Deal Breakdown:•3 structures:•1 already income-producing•2 will generate significantly more after rehab•Purchase Price: $500K•Stage 1 Rehab: $240K (focus on 2 structures)•ARV Projections:•After Stage 1: $1.2M•Long-term potential: $2.2M+•Seller willing to do partial owner carryI’m exploring creative financing options to make this work, but lenders I’ve talked to have mixed responses—some say it’s too rural, others require $100K+ in liquid cash.For investors familiar with STR deals, especially in mountain or semi-rural markets:•How have you structured financing on similar projects?

I would like to market my fully renovated and consistent income generating property as a turn key investment to a busy investor.

Also, what strategies have worked best for you in generating consistent leads like this?

Your skillset will  allow you to transition while continuing to generate income.

I've closed 20+ coliving deals as an agent over the past year or so and have offered/UC on dozens more.If you're going to buy a 'turnkey' operation (following info is true for a coliving BRRRR) - the buyer's out there are underwriting the properties to about a 9-10 cap on what the properties can generate conservatively OR are generating.

I do not know my full plan as of yet but I do know I want to generate a steady stream of excess cash flow to help supplement my income later down the line.