@Andrew Slezak we're pretty aggressive about rent increases for our clients, but some of them won't approve us to pursue.So, don't automatically blame the PMC!

@Arthur Savery, Many of our clients are taking a similar route. 

Quote from @Frank Pyle: My client recently purchased a home with a hard money loan and have successfully rehabbed it for use as an Airbnb rental.

I'm happy to connect you with the lenders our clients work with for this strategy in the Austin area.

I will keep you in mind for any clients or myself! 

One of my clients had a $1M deal under contract where they needed to do a $300k raise. 

There is no opportunity for her to advance, she is unable to actually help her clients, and she hasn't had a raise in 3 years, where it used to be every year.

Like you, when I'm working with clients I highlight the key advantages of the conventional rehab loans (Fannie Mae's Homestyle and Freddie Mac's CHOICERenovation) are:- They can be used for investment properties- You can include luxury items- They have a higher limit – $806,500 in most places.Jeff

The narrative that these are cash flowing properties is aggressively pushed by everyone who benefits from these transactions...turn key operators....brokers....pm's but its incredibly difficult for the non hands on buyers to operate these homes for a sustainable period of time.

@Van Lam I had a client just run into this recently.