Set a Firm Budget: It's easy to get caught up in the bidding frenzy.

Since you’ve already done renovations, you probably know how to manage rehab timelines and budgets.

This campus hosts a large Magnolia home goods store, high end furniture store, cupcake bakery, coffee shop, gardening shop, live music concert venue, large grass area with toys and balls for kids to play with, an open plaza with eight food trucks, a small baseball field (that Babe Ruth once played on and families can now play on for fun), a restored historic chapel (the oldest chapel in Central Texas), and six boutique shops with men, women, and children's products.

All their clients tried to blame us for not being able to:1) Do the rehabs on the budget advertised2) Get the rents they were promisedCheck out our website and DM us if you'd like more info or discuss the proper way to invest in Detroit:)

Also, depending on your STR’s location and your budget, there are companies specializing in remote staging and setup, like STR Launch.

Eliminate debt, establish a budget, and save.

Acquisition budget?

It takes alot of capital to furnish-- whatever you budgeted, it's probably more.

Who walked it and gave you the reno budget ? 

Here’s the quick-and-dirty lowdown to get you started:1️⃣ Where to Look:LoopNet & Crexi: Good for commercial deals, though the best ones go fast.MLS (Multiple Listing Service): Access through a realtor for hidden gems.Auction Sites: Think Auction.com or HUD homes for distressed properties.Direct Mail Campaigns: Target landlords with older properties (especially those with code violations).2️⃣ Systems for Finding Deals (Step-by-Step):Set Your Criteria: Market, budget, unit count, rehab level.Build a Deal Funnel: Use LoopNet, Crexi, wholesalers, auctions, and brokers.Analyze Quickly: Use a property calculator to see if it cash flows.Direct Outreach: Contact sellers or property managers directly.Get Your Network Tight: Property managers, realtors, contractors—they’ll drop the best leads.3️⃣ What Makes a Good Deal:Cash Flow Positive from Day 1.Below Market Value (usually needs rehab).Upside Potential: Think rent increases, better management, or refinancing options.4️⃣ How to Become the Better/Best:Study the Market Like a Hawk.