For a land cost of $150k, how would you think about how much the completed home would need to sell for to make that land cost worth it?

some hype but also a lot of good information.also remember: seller finance of a paid off asset, lower risk. 

It’s one of the few places where you can realistically achieve solid returns without needing a massive upfront investment.If you’re open to exploring other markets, Detroit might be worth considering.

If they try to find another place, they’ll usually realize they already have a great deal and stay.8.Long-term tenants can be worth a slight discount.

@Rami Refaeli I am on the Fort Worth side of the metroplex but the company I work for is based in North Dallas.

If they’ve been around forever but only manage 50 doors, that’s a sign they aren’t growing for a reason.Good PMs are worth their weight in gold, but a bad one will wreck your investment.

The great part about contacting the CDC directly (and a large one such as TMC) is they can make referrals to banks that would be interested in your project (i.e. banks that have been actively doing SBA hotel loans)...rather than you having to chase down the bank first, which can be very difficult.Regular commercial lending requirements are applicable (will vary by bank):1 - no bankruptcies2 - no foreclosures3 - FICO > 7004 - net worth >= loan amount5 - post closing liquidity >= 12 months of P&IIf this works out, you are going to be glad that you made this post.

Even if you have an absolutely solid home and its worth over 600k, in my area the most you can rent it for is $4000 MAX.

Just remember: most negative reviews are written by problematic tenants.

Whether you’re managing properties, operating STRs or long-term rentals (LTRs), or just have an opinion on the state of the market, I’m eager to hear your thoughts and any new developments you’ve noticed.Here are a few things I’ve observed:Increased Supply of RentalsI’ve lived in Gainesville for a while now, and I remember a time when it was tough to find a rental.