This deal showcased our streamlined process and Erika's keen market insights, resulting in a swift transaction and a substantial profit.

I read an artcile in The Economist not too long ago that mentioned how smaller towns like Jasper can offer stable rental demand if you play your cards right...

By the way, Phoenix’s rental market has been on fire lately, with a mix of strong appreciation and reliable tenant demand.

Whether it's a legal demand for compliance or simply an email, it doesn't really matter; just make sure everything is in writing. 

I could understand a more substantial ownership interest if those services were included as part of your responsibility, so perhaps you look at ways to contribute more services to the partnership that can reduce the partnership costs.

Essentially ended up screwed out of a substantial chunk of retirement savings and left to find my own lender elsewhere to close the deal.

If there was a landlord I could see them demanding a 3rd new one because it’s a state requirement.

Would real estate prices in certain regions rise rapidly due to demand from both local and international buyers? 

This provided a substantial return on the initial investment and freed up capital for future projects.Financial Highlights•Acquisition Price: $72,000•Renovation Costs: $35,600•Total Investment: $107,600•Funds: raised from personal savings and private lender•Appraised Value: $160,700•Monthly Rent: $2,150•Cash-Out Refinance: $3,200 after paying off private lender and myself•Rate and Term Refinance: 30 yr amortization, 7.25% interest, 70% LTV•DSCR: 1.45%Here's the breakdown of rental income and expense analysis:1.Annual Gross Income: $25,800 (Monthly rent of $2,150 x 12)2.Annual Expenses: $25,800 * 0.40 = $10,3203.Annual NOI: $25,800 - $10,320 = $15,4804.Annual Debt Service: $10,680 (Calculated previously using a mortgage calculator with a loan of $131,775, 7.25% interest, and a 30-year term)5.DSCR: $15,480 / $10,680 = 1.45 (approximately)With a 40% expense ratio, the DSCR is approximately 1.45.

B.Economic drivers / Demand- > 1 clear economic driver of tourists, tourist attractions, beaches in general, surfing in particular.