The implied cap rate for the property is 4.5%, which is ~10bps below the current 10 T-Bond rate.

We are doing  online research about the market and decided t invest in these three states, and if we find any good deals we may invest another $200k in the market in the coming months.

As you know, the airport’s land is typically government owned and leased out to build individual box hangars and T-hangars which are then rented, leased or sold to individual plane owners.  

As you say, it saves a lot of unnecessary admin and so far I haven´t lost any 5% deposits. 

Might come out green overall but it’ll be close.bonus: if you’re willing and capable to do an excellent t STR, which I would budget a good $40k-$50k on the furnishing/design/decor (more if you are outsourcing it all) AND are putting down 20%+, you’ll be able to have a very positive cash flow asset.

s=39&t=131c0jHere are a few other places you might try (disclaimer, this is not my list)AHRN.COM...military housingTACARES.COM..for displaced familiesTEMPORARYHOUSINGDIRECTORY.COM (THD)..for displaced families.CATALE.COM..for displaced familiesALESOLUTIONS...for displaced familiesTRAVEL NURSE HOUSING RENTALS by LANDLORD (FB)CORPORATE HOUSING FURNISHED RENTAL LANDLORDS and TRAVELERS (FB)FURNISHED MONTHELY SHORT TERM RENTAL (FB)TRAVEL NURSING CIRTRU(.COM)PREMIER INSURANCE HOUSING..APARTMENTS.COM...ZILLOW..FURNISHED FINDER...FLXLEASE.COM..NURSEBNB.COM...TEXAS RISK SOLUTIONS...PRIESTON AND ASSOCIATES..BROKERAGE SERVICES INTERNATIONAL...NEW ENGLAND CLAIMS SERVICES..VALICENT INSURURANCE SERVICES, INC..

And I raise you the rest of America.https://www.biggerpockets.com/forums/921/topics/1179316-is-t...

Do you have the $20,000.00 to pay Pace for his bullsh*t? 

Here's info on Huntsville:Now Alabama’s largest city, Huntsville’s military (Redstone Arsenal), space (NASA), telecommunications (ADTRAN, AT&T), biotechnology (Hudson Alpha), diversified manufacturing (Toyota/Mazda, Polaris) and a variety of emerging specialties provide challenging work (#5 Best Places for Career Opportunities) in delightful surroundings (#3 Best Places to Live in the US).

Between his normal p i t i of about $1,200 a month and the 1166 a month that I would pay him on a secondary note at 0% my total payment would be about $2,500 a month.