Pull up any log cabin in Gatlinburg or anything within 2 blocks of the beach in Destin and I think you'd have a hard time finding a listing that's NOT doing more than 1% of purchase price in monthly gross.I bought a home in Southern Utah for $515k in March and one in Orlando for $568k in May and both do well over $10k/month gross easily and that is not counting taxes in that gross rev number. 

Clarksville market is crazy, had underwritten loan ready to go and bid over market with some generous exceptions written in the offer, included personal letter with baby pictures of the renters - nothing worked.

At least in one case myself, the neighbors were thrilled to have a couple of STRs go in on the block, it took the area from a C to B almost instantly.....

I am in the process of building an AirCrete foaming gun and molds, with the intent of making insulating blocks of light weight, low density, low-to-medium strength concrete.

. #3: You sent a letter to the owner of a rental property in your town, simply introducing yourself and expressing interest in their property, and they call you back.

I am considering a Letter of Credit from a bank or credit union for my next property. 

I would first draft up a very professional letter introducing yourself and instructing the tenants of a 30 day notice that a lease would need to be signed or they would have to vacate.

Once the preliminary underwriting is complete, the lender will provide you with a Term Sheet – also known as a Letter-of-Intent (LOI), outlining the full expectations for the loan.

You don't really have anything to ask at this point because your knowledge set is still just putting building blocks together.

I composed an offer letter for my real estate agent to send out and it included pictures of my wife and our new baby.