@Avery CarlHow do STR in the area perform during a recession? 

Hey Adam, I know @Richard Dale-Mesaros has helped a lot of investors in NH looking to exercise this rental strategy.

In addition to making more in rent should my tenant choose to not exercise their option.

Im in houston texas and would like to know what performance metrics should I seek in a 1 to 4 unit home to ensure Ill get approved for another loan year after year?

Prior to, we used a PM firm but wanted better performance. 

Are you buying something with potential to improve performance or something stabilized?

I find distressed properties with good bones, rehab them for top rents.My challenge is the valuation of the property is still performed as a small mf (1-4 units) so the neighborhood Comps dictate valuation more than my improvements or the rent rate.I started to wonder how valuation was done for a portfolio of properties.  

If your second property fails and you had to foreclose, it could impact the performance of the first property, as well.I recommend leaving at least 30% equity in your properties.

While the work can be done by someone with little experience, it should really be done by a professional for best performance.

I performed a separate analysis using the VA loan, but I would still be in the negative (i took out the repair costs as I would not be able to do repairs).V/R,