Op ex ratio may end up being more like 45% or perhaps 40% with newer high quality construction.

A ton of house hacking material on there :) 

I'm going to follow this to see what tips folks provide.MikeHey Mike, I am actively investing there so feel free to reach out with any questions!   

I’m looking for insights on how to put together a deal with the following details:Asking Price: $260KMarket Value: ~ $265KProperty Details: 3 bed / 2 bath / 1,400 sq. ft.Days on Market: ~100Loan Type: VA Loan (Attempting a VA Loan Assumption)Mortgage Balance: $200KThe ChallengeThe seller is behind on mortgage payments, and while I don’t have an exact amount, the agent mentioned it’s over $20K.

It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

Mail does work however it must get read and more importantly it must have interaction.  

I’m brainstorming ideas on how I can market myself to potential mentors in the STR game in order to gain experience.

I have been narrowing down some markets and trying to explore/research more and network.

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

Not an easy thing, but saving 20% or more on the cost of a new home seems well worth the time and effort if you ask me.