Out of our 22 MTRs we're managing, 6 are currently rented out like this.

What are the biggest challenges people have faced with this.

This ensures enough space for the homes, parking, and any additional amenities while maximizing land use.Project Scale: To reach an institutional-level deal, you'll typically need at least 100 units.

An example, a small down payment initially, but the note has now seasoned for 60 months with on time payments documented by a third party servicer.

I did a study on this and surveyed 40 investors in CO.

@Clare Pitcher we do 12+ month leases to avoid vacancies Nov-Feb.If we take over an occupied property, evict or have tenancy-abandon a property, we first let the owner know finding a tenant will take longer than "normal".This opens up owners to understanding they may need to:1) Offer 3D tour and floor plans to stand out2) Price more aggressively or be prepared for aggressive price reductions3) Offer MoveIn Specials:- NOTE: we do NOT recommend offering a month of free rent that can be used at MoveIn.

Purchase price: $81,000 Cash invested: $30,000 I acquired this property at an 11% cap rate, which provides strong immediate cash flow.

If you plan to own real estate for a lifetime, this can be a huge benefit to your heirs. 

You could see if they were interested in holding a second mortgage on the property for their equity, but you need to check this with the first lender beforehand.

I am exploring this option now and just learned about it.