I have about $1M liquid currently but wouldn’t want to invest more than $200k on a property.

This was an off-market property.

Looking to connect with others in the area who are buying long term rental properties.

Multi family properties here in the valley are tougher to come by than a lot of other states. 

I recently purchased a rental property with a partner 50/50.

This is particularly beneficial in popular tourist areas where demand for short-term lodging is high.Flexibility: Owners can choose when to rent their property, allowing them to use it personally during off-peak times.Support for Local Tourism: STRs provide a unique lodging option for tourists, helping to boost the local economy by attracting visitors who may prefer a home-like stay over traditional hotels.Diversification for Investors: STRs provide real estate investors with an additional income stream, especially if they own properties in tourist-heavy areas.Cons:Strict Regulations and Higher Fees: San Antonio recently updated its STR regulations.

For example we took over a property from another management company and they only provided us with the lease and ledger and refuse to give us the application (this has happened many times).

I'm wondering if the same lenders who financing STR's would consider Padspits.You may want to check this, but I would imagine that renting via Padsplit would be considered as a STR which have been highly restricted in the city of New Orleans, and the only way you can get a permit recently is to also live in the property.

Who is a hard money lender doing fix and rent and DSCR loans sub $100k? Would love if I could find someone willing to lend on $60k-$80k fixers and dscr out with an ARV of $90-120k. Can find these all day but most lend...

I was curious to hear how some of you have found investors for your properties?