I have a small team but work 3 different markets.

Also, zoning and market trends matter a lot more than in residential, so it’s worth getting familiar with Tampa’s landscape.

I had a second one but sold it in 2024 and invested it's earnings in the stock market and so far so good.Anyway.

Purchase price: $62,000 Cash invested: $60,000 Project in progress: Off market dealPurchase: $62,000Rehab: $60,000ARV: $165,000 What made you interested in investing in this type of deal?

If I just make a single listing on FF for this 5/2 and say list it for $4000 / month (market in this area), how would I get 2-3 random nurses to commit to the property?

It’s not necessarily more difficult than market-rate rentals, just different.If you’re seriously considering this route, feel free to reach out.

Houston is a great market for JVs, wishing you both success! 

Cincy and Dayton are great markets.

I used a hard money loan to purchase this off market deal.I rehabbed the upper two units within two and a half weeks and have a renter already lined up for one unit.

The only two ways to rectify this are (1) purchase the property far below market price or (2) significantly increase the property net income usually through some method of “repositioning”.