Great alternative to states that are cracking down on assignments  or having to try to  juggle double closes and all the marketing expenses that those that never close on props have to do.. this was simply listed on MLS and sold. 7th transaction that JLH has provided this client since Feb. 

I get builders risk policies for all my new builds and at least in the markets I built in Charleston SC  and Portland Oregon have never seen the fence and security and like you I would have trusted my broker to mention something like that.. fence and 24 hour security is just not something you do on ONE SFR rehab.. unless its a known high crime area like South side of chicago and now inner city Portland you really need the fencing etc other wise the homeless and druggies will walk off with everything.. when did a bunch of rehab loans in South Jackson MS same thing theft was off the charts and we had houses burn down .. but the dollars were much smaller.I know I have gotten larger policies for my bigger developments and I did pay my lawyer to go through them line by line and at the end of the day they really cant say what is or is not covered.Also you simply would not think of anything in Colusa county as being high crime .

I'd suggest keeping it simple at first by buying a buy and hold that cash flows in an appreciating market.

Scottsdale is one of the hardest STR markets to succeed in.

Rent-by-the-room is a great strategy in this market.

The time depends on lease length and how long they've been living there.I would also recommend reaching out to their caseworker (if they have one) to let them know the lease will not be renewed.Section 8 voucher holders are incentivized to vacate quickly in order to keep their voucher and avoid having to pay full-market rent out of pocket elsewhere.Hope this helps!

My responsibilities included construction and contractor management and overseeing the asset's successful marketing and sale.

All Homevestor franchisees are good at generating leads (they have an excellent marketing template) but like most wholesalers they generally stink at any "after sale" service like helping with tenants, repairs etc.

The appraised value is exactly what I estimated, as well as the market rent and expenses.

Slow market?