The property I'm considering investing in is a multifamily facility, ~600 units with 95% occupancy, and the play is to increase value by renovating the units and holding for 4-5 years.

It all depends on the areas you're looking in, I would advise focusing on the median priced homes, those types of areas normally don't have a lot of vacancies in my experience. 

If you think the area you're in is well-suited for travelers, I would go ahead and get settled as an STR before regulations come sweeping in like V.G. said.

Account Closed I am still using Rently almost a year in, I went from 2 lockboxes up to 5, I service mostly the San fernando valley but I expanded out to west covina and one property in rancho cucamonga.

Tom quick question on the seconds you may do in the states you work in.. is there an automatic NOD provision on the mortgage/deed of trust..

Anderson, IN is an area I have seen success for both flips and BRRRRs. 

After going back and forth, taking the property off and on the market, bobbing and weaving on the price, waiting a couple of months to see any real action come in, I landed a client that was interested in the house.

When I saw Antoine Martel from FlipSystem Posting Advertisement on social media like this:"You only need $10K ~ $30K to invest in RealEsate doing Flipping and make 100% ROI in 4 months""My clients in FlipSystem averagely spend 4 hours in managing each Flip Project""We help you to quite your JOB in couple of months by doing Flipping""We have few hundreds of success happy client - (Actually there might be few hundreds of clients losing their hard working money)"And lots of other advertisement stating: "Easy, Fast, Low RISK" in their programI thought: "Wow, doing Flipping is so easy and profitable and low-bar to enter in, I should join their program and start make money!"

The town I am in is rather small 35,000 but has a good sized college.

Crystal River has been on the upswing, but you are at a good time to be looking in Florida because a lot of areas are on the pricing downswing which could help find a two-family.Hi Jonathan,I hadn't considered Lakeland, but it does sound like an area I may potentially be interested in. I