So a loss of about 55k We did a lease to own option so I could immediately take over expenses but keep their primary resident loan and interest rate.We agreed to a deal which would cover all their expenses at closing, their remaining loan balance, and $45,000.

It’s exciting to hear you’re looking to scale up into larger multifamily investments—financial independence is a fantastic goal, and it sounds like you’re taking the right steps to get there.It’s great that you’re already focused on assembling a team and diving into market analysis.

It's not hard, just takes a few minutes.Like I said above, I haven't been STR hosting for long.

Congrats on taking action to get this first property under your belt. 

There is a not so inexpensive fee - anywhere from 5k to 100k depending on the program and they take a % of each deal. 

Take a look at this podcast.

I will definitely take all this information and use it responsibly.

why not build in a more affordable price point. the largest two builders in America build non luxury maybe take their advice?

Taking longer than anticipated to complete the renovation due to unforseen technical challenges Lessons learned?

code realestaterocks takes 20% off annual membership. worked for me.