., homes under contract) were up around 20% in the greater metro last month compared to the same period last year.

So there is a 20 unit building I'm attempting to buy, I made an offer of 1,500,000, 60 days inspection period and cash close, need to see 3 years of bank statements as proof of income. 

payback period are over 5 years.

Instead, you want to find out about the property owners in the area and keep in touch with them long term via periodic calls/messages, emails, drop-bys, mailers, etc.- FSBO: Free seller leads on Zillow.

They will have a reclaim period or something like that where they just have to pay you whatever you put in + interest.

Just before the review period expires, he's going to get a rude awakening when he reads my honest review of him. 

Educate your cleaning staff on what to look for (tiny dark spots, eggs, etc.).Heat Treatment/Preventative Measures: Some STR owners do periodic heat treatments or hire pest control companies for preventative maintenance.

Does anyone have a cleanliness clause in their leases that that invoke when they do periodic walk through? 

Toward the end of the due diligence period we received the final piece of critical info to make our decision: a lease agreement for a cell tower on the corner of the property.

When it makes sense to refinance in the future, we'll take advantage of that.2.Attractive Investor Returns: With an 80/20 LP/GP split for cash flow and upside, we’ve projected a 12-16% IRR over a 5-10 year hold period.