North Broward Area (Undergoing Gentrification)Type: Triplex Units: Two /1-bedroom units Current Rent: $1,500 per unit, month-to-month leases Tenant Quality: Great tenants, familiar with the neighborhood, payments made regularly with sufficient funds Potential Rent Increase: Neighborhood improvements and upcoming developments suggest potential rental rates could rise to $1,800 - $2,200 within the next two years Upcoming Development: A new $2.2 million road is being constructed in the cityCurrent Market Value: $680,000Current Cash Flow: $1,500 per unit, 3 units totaling $4,500 per month Condition: Needs some work Price: $435 ,000This property is a prime investment opportunity in an area poised for significant growth and appreciation.What do you think?

It is normal to ask you to get your insurance broker to give a written cost on day one then the declarations page and ins and outs of the policy BEFORE loan documents are ordered. 

There are opportunities in the Indpls. market from the A - D type markets.

@Donna YuReal estate investing requires varying capital requirements, based on the area, type of place, and how you plan to make money.

I sit on the Planning Board in my town and often see these types of things come through.

Hi Manual, As Joseph mentioned you need to look at your entitlement limit and the pre-approval capability with the VA on a "family" rider type property.

Perhaps those type of multi family would give you more bang for your buck and still be relatively easy to sell should your need arise.

I think a lot has to do with the property itself, if there's space for dogs and their business, and also the area and type of guests likely to visit. 

What made you interested in investing in this type of deal?

A young man has been very successful and continues to document his arbitrage journey on the thread he started.Best of luck as you look to begin your STR journey!