Quote from @Donyea Jenkins: With this loan, do properties have to be "Turn Key" to qualify or can they be used on fixer uppers? 

Are STRs in this area still delivering strong cash flow?

Jacksonville has been building at record levels and is/was one of the highest cities in the country delivering new housing units as a percentage of existing housing units.

In more than half the country you don’t even bother with cash for keys because evictions are simple, fast and cheap.The part of the system that’s broken if you’re doing “a lot” of evictions is your screening.

The key is for you to separate the utility costs from the rent, then advertise your units with the rent rate only and explain the utilities later.HOW TO SHARE UTILITIES 101You have a property with two or more units and the utility meters are shared.

It has surprised us delivering nearly $60k in gross revenue annually.

Building a trusted team is key, so starting that process as you actively search for your market will put you in a strong position moving forward.

Like any financing strategy, due diligence and proper financial planning are key to making it a successful solution for both parties. 

It was also difficult to assess the heating situation after repairs since tenant refused to provide key to access unit for repairs and/emergencies, citing “privacy and safety” concerns.

What are the key benefits of investing as an LP compared to direct ownership?