Why do you think purchase contracts are so long and have such small print?

Purchase price: $620,000 Cash invested: $20,000 Sale price: $727,000 Source: Cold CallPurchase: Off market with owner financing.Price: $620,000.

Are you planning to purchase more out there? 

What would your response be to justify the purchase and renovations? 

I could add the "rent credit" on top of the market rent, but then that's a $400-$600/month premium on top of the rent that's supposed to go towards the purchase price.

Hi Carolyn, We just helped an investor in the MA area this month on an STR purchase transaction.  

Go conservative ) - Holding Costs (loan payment, utilities, insurance, etc) - Rehab Costs (you will have a good handle on this) - Closing Costs (you will pay closing costs on both purchase and sale of home)  - Profit (minimum you would want to take on the risk.

:@Adam Craig wouldn’t you guys put a as-is condition on your purchase contract?

Did you purchase the training? 

My company purchased an 11-unit multi in January.