I'd be happy to provide more detailed insight.

Absolutely, there should be DSCR or conventional options available for you (depending on your needs). 

I'd be happy to talk sometime, or depending on where you are at, we could meet up in person.

Maybe I didn’t provide enough, I am in court now going back and fourth since October 2023.

Raising the rent depends on multiple factors but most of all is market trends.

By managing furnished properties, we are able to provide a valuable service to an owner who wants to be hands off, while also helping them earn more rental income than they would renting out long term unfurnished.Happy to chat and share more.

@Tim JohnsonThere are essentially two ways (and a few variations) to purchase this deal, depending on how the owners are selling it:As a going concern:  In this instance you are buying the business, so it is the business you evaluate: assets, liabilities, revenues (historical: 3 - 5 years), operating costs (historical: 3-5 years), future financial projections, goodwill, etc.    

I've ran the numbers, we would get it for around 35k, about 35-40k in repairs and the ARV is right around 120k depending on the current state of the market.

It really depends on your list of important criteria. 

(To prove your case) It's usually a slam dunk to get a Judgement in SC Court as long as you provide a written contract/lease...