There are also strategies we can cover that help you obtain more doors with less money out of pocket, so let me know and we are happy to help!

A lot of the popular areas in Charleston proper that are not licensed under the old laws now require the owner to live on the premises to obtain an STR license.

View cash flow as necessary to cover expenditures and meet debt coverage ratios in order to obtain favorable financing, do not view cash flow as a vehicle to cover future down payments. 

My overall goal is to obtain these units and have them long term into my retirement for cash flow.

When you learn to partner with professionals who are well-versed in this segment, most distressed property transactions are quite straightforward.Myth 5: Distressed Properties Are Not Obtainable with FinancingThere is this perception that distressed properties are cash-type deals.

Especially since we try to obtain “equity like” returns on these higher risk, more active note investments.  

It's easy to obtain, costs very little, and doesn't require extra, on-going effort to maintain. 

The boards and management teams must consult with FHFA and obtain conservator approval as FHFA directs.

Property taxes and insurance costs are best obtained through local county websites or reaching out to insurers directly for quotes specific to the area.Tools like BP Pro and Reventure can be helpful for an overview, but it’s a good idea to validate their data against primary sources to ensure accuracy.

my experience has been (1) I can obtain the same rental rate for a 6 month lease that I can for a 60 day “stay” if FULLY furnished (2) some of these 6 month rental turn into 2 years or more.