His "buyers" - who could not qualify for a loan because, presumably, they could not convince the bank they made enough to cover PITI payments - inevitably defaulted, and after a few months he would evict and start all over. 

Or maybe the units aren't equal and one rents for $2800 covering most of the cost of living there. 

We cover a large geographical area (nearly 400 miles) because there are usually only a few STR eligible properties for sale in any given city.  

A platform that updates their data daily or weekly is covering a staggering cost in order to provide that to the end user.

This is the percentage of costs (purchase and rehab) covered by the loan.

There is a $200 cancellation fee to cover the extensive materials and supplies we give you when you join. 

Check out this site - https://theluxurypergola.com/blogs/louvered-roof-info/hurric...They cover wind resistant pergolas in general but I would make sure whatever you get will be able to stand up to hurricanes that happen there from time to time.

The terms are usually more flexible than hard money, and you can negotiate interest-only payments until the flip sells.Business Credit for Real Estate – A lot of investors use no doc 0% interest business credit to cover down payments, materials, and labor costs instead of tying up personal cash or taking on a loan and you .

There are organizations that can provide the family with rental assistance; every municipality has one - and the assistance covers utilities as well. 

In other words, your renters have covered a majority of your costs of ownership this year, including covering your debt, and you have to put some additional money in, which raises your cost basis.