These rules, which include a requirement that sellers set aside a portion of the purchase price for buyer-agent commissions, prohibitions on modifying the commission, and permission to filter listings by commission, all enable NAR, its co-defendants, and its members to maintain buyer-agent commissions at supra-competitive levels unrelated to brokers’ experience or the services provided, steer home buyers away from lower commission homes, and drive out discounters—among other harms."

The rate will be high because of the looser requirements, but it will enable you to buy an STR with 25% down, no questions asked. 

You could try to extract equity in the form of a HELOC but that presents it's unique risks if you have a floating rate. 

Seasoned investors will tell you to buy but also have 500 rental properties and access to a plethora of resources that enable them to purchase at steep discounts.

-Extract your equity through a cash out refinance of your existing property-Get a home equity line of credit -Sell the equity in your home to a company like Hometap-Use the equity in your home as collateral on a loan from a private investor -Get a low interest credit card that is secured by your home equityAll of these options still require a healthy down payment and a good deal with returns that are above and beyond your cost of capital so that your debt is levering up your profit vs levering up your losses.

Also, it’s not just “70 bucks” because those unethical agents who manage SFR part time extract more than management fees on average.  

On the positive side, at least in Massachusetts, there is a special paragraph of the law that applies to rooming houses / lodging houses, which enables just 7-days’ notice to start an eviction for cause of an offending tenant when they are doing something that is creating significant issues for their neighboring tenants (or the LL).

I wanted to introduce myself as I am incredibly anxious to step foot into the incredible world of REI and would love to know if there are any local investors that meet/would like to meet on a semi-regular basis.I currently have a full time job in outside sales in the Arvada area so I do a lot of driving around which enables me to spend a lot of my time listening to podcasts and educating myself but I would love to get to know some players within my local area to really dive deep into the subject and in which I could potentially be of value in the future.

@Robert Rainey what I mean about branding yourself is to use envelopes, letterhead and mail stuffers that will get you to stand out from your competition and to enable your prospect to identify that it's your company when you send subsequent mailers.  

Are you aware of a solution that would enable this feature?