Quote from @Chris Magistrado: Quote from @Jonathan Greene: I like the way you are thinking, but it's a little apple before the cart although you seem to get that you need experienced partners to make this work.

I have been sent countless deals from wholesalers in Kenmore, West Akron/Highland square but it seems like at least Kenmore is hit or miss.

If you are paying cash for the STR this seems pretty easy. 

Yes that seems high but without a breakdown of costs for the 13k it's challenging.

On the surface, the deal seems appealing, but there's a catch: the asking price is $475,000, which is about 18% over the market value (based on comps and DealCheck estimates around $402,000).Details of the DealProperty: Duplex, 2,400 sq. ft., Purchase Price: $475,000 ($197.9/sq. ft.).Estimated Market Value: $402,000 ($168/sq. ft.).Financing Terms: 2% interest rate, with a 9-year balloon.Unit B Income: $2,049/month (Section 8 tenant through November 2025).Unit A Income Potential: Similar rent or higher; Section 8 cap for the area is $3,234/month.Monthly Loan Payment (P+I): $1,386.Cash Flow Breakdown (if both units are rented at $2,049/month):Gross Rent: $4,098/month.Vacancy (10%): $410/month.Operating Expenses (37.3%): $1,376/month.Net Cash Flow: $943/month.Key QuestionsWould you be comfortable paying an 18% premium for financing at 2%, especially in a market where current mortgage rates are closer to 7%?

I shopped across 15 different institutions for my personal HELOC and they seemed to have the best terms out there.

But as someone who’s been in the trenches of real estate investing for almost 30 years, I continue to see some flaws.Some of the flaws I have witnessed are when tech-driven companies seem to lack backing from experienced underwriters or seasoned real estate professionals.

It only seems like 1.5% difference.thoughts? 

Your estimate seems low, but even at that cost, it will not add that value.  

It seems like it's been written to hide something - https://finance.yahoo.com/news...