Most of my units only cash flow a little bit but because I bought smart and have renovated wisely there’s not much maintenance and very little time-suck for me.

Quote from @Craig Parsons: Quote from @Craig Parsons: Quote from @James Wise: Quote from @Craig Parsons: So this here is a hot mess. 

agree .. other wise its just the bottom feeders looking to take his equity from him  with couching it as a rescue.. his best bet it to sell if its owner occ the profit is tax free .. regroup and start over.. 

And your communications need to be very wise, meaning they can't come across the wrong way regarding tone, even when you're aggravated.

Yearly bank fees for each, aka choose your bank wisely.

My job will be on the southside of Indianapolis, so for location wise that would be better, however obviously the north side seems to have more potential.

Would it be wise to?

It’s wise to start with breaking even and ensure you're comfortable with the costs involved.Happy to connect if you'd like to discuss more!

Its only good for tax purposes if its still a wise investments and you do not lose money on it.

But STR has restrictions here (2 bedrooms in Raleigh) (hence the hybrid option) and there is often diminishing returns when it comes to price versus number of rooms in our market in the locations I focus on. 3 bedroom numbers often are stronger and more attainable price wise than 5 in core Raleigh.