In Sunbelt states, where the housing market is particularly competitive, potential buyers are finding themselves priced out of homeownership, leading to a surge in demand for rental properties.

I am wondering if you got this question answered, my wife and I are looking at a 19 bed motel in our area, we are looking for help structuring the deal, calculating expenses and potential creative finance options. 

Main house performing mostly cosmetic renovations What was the outcome?

One potential red flag : allowing seller to make repairs.

Welcome Brandon - I have properties here in the wyoming valley.I am a native to the area.Scranton has many hoops to jump as an investor - esp. an out of the area investor.One is you'd have to hire a property manager if you do not live in the city of Scranton or within 20 miles of the city.Real estate taxes are high -that plus the current interest rate and ask prices makes cash flow an issue.You can find "deals" but please do your due diligence.Here is an example of a potential deal I am evaluating in the hill section of the city: 20 y/o, 2000 sq ft. 3b/3bath TH - Needs paint, new carpeting, and general wear and tear repairs after a 4 year tenant.

I raised this concern because I haven't encountered such a situation before, and I'm worried about potential issues with refinancing after the renovation

While investing in a condo as a first investment isn't necessarily a bad idea, it's essential to be aware of potential pitfalls.

There’s tons of renters and potential for appreciation in certain areas there.

Hello BP,I live in a region with a handful of Short term rentals and I’m currently analyzing a property with STR potential.

I'm analyzing a first potential SFH deal on a conventional loan with 20-25% down.