I'm in the market to purchase a short-term rental in Saint George Utah but the market there (perhaps like many places) feels very overpriced. 

My wife and I are passionate about real estate and looking to purchase our first long-term rental property (small multi-family).

Seems like you know the answer and need confirmation (and I am typing this from a 3/2 beach block condo in Wildwood Crest.)At 25% down purchase, even renting 12-14 weeks you would negative cash flow $3-5k month when you consider the many layers of expenses and the current rate environment.

I have done some research on purchasing property in Germany, and it seems like a completely different process. 

My point is the margins in residential RE is thin (negative at most high LTV purchases).  

Hi there, My husband and I both purchased properties in 2019 before meeting each other.

You can get a fix and flip loan for an investment property with up to 90% of the purchase price and 100% of the rehab budget with up to 75% of the ARV.

They were told that since they will be purchasing a fifth property with a Jumbo loan (with total value of loans in excess of $4 million) they would need 120 months of reserves for all of the loans put together (about $1 million in reserves). 

It's a fixer upper but not too much room for big repair dollars given comps so would want to get some concession on purchase price if possible.Thanks!

Here are the numbers…Purchase $375,000.00Cleanout $25,000.00Rehab $375,000.00 (I estimated a little under 275, 100k lesson) All in right at $775,000.00With current rents the NOI is 108,000 annual.