I plan on doing the following: 1.PM will pay 50% of standard rent but will identify duties he has to do for 50%. 2.Develop Property Manager Agreement for emergency and routine repairs and come to terms on compensation.

People are just uncomfortable paying 200k more then I paid.

I do not want to make the agent feel uncomfortable or annoyed with me because I’m looking around with no intention of buying (obviously) but I like to know my market and I want to see some of the houses to get a good idea of how updated the homes are, and what people remodeled etc.

@William Henze I know it's uncomfortable to buy a property without being being able to see the inside or do your inspections.

Long story short, I was a mess for the majority of my 20s, then I got comfortable renting and going about my routine when I started to turn things around.

I was doing some research and running the numbers is slightly different on the cost side:Insurance is likely more expensive for STRPM is way more (and I'd feel uncomfortable with most people doing this)Operating expenses for a hotelExtra CapEx for furnishingsUtilitiesThe revenue side seems really tricky and if someone can nail this down I'd love to hear their thoughts.

@Jason DiClementeMakes sense, I was totally uncomfortable with the $410-HOAHearing you say it like that makes the world of a difference, don’t purchase something to throw money at it to make it affordable.

The reality is you will have to be able to locate them to serve them and most tenants are uncomfortable anyway.

Get uncomfortable because that accelerates what and how you learn.

As we've been analyzing deals in Spokane, we're routinely coming up with low and negative cash-flow analysis.