Originally posted by @Dmitri L.

Keep in mind, the transactional costs of selling a property in Philadelphia with the high transfer taxes and brokerage fees (althoug these are expected to be reduced in light of the landmark NAR settlement that occurred yesterday), adds additional transactional costs, especially in instances where the home was purchased as recently as last year as is the case with your home.

In Colorado some of these guys up the price so much with their fees etc so just looking for tips, tricks and advice.

I’m originally from Riverside, CA.

Originally posted by @Royal Liedecke:just wondering of any multifamily investors on here that live/invest in corpus christi,Texas ?

They have said on Podcasts that having everything in black and white makes fewer issues overall.Question: We are using RentRedi for our management platform that we set up to add 25.00 in late fees for every day after the three-day grace period.

Here's a simplified and effective approach: Gather Information: Obtain details about the property, including its purchase price, estimated rental income, expenses (such as property taxes, insurance, maintenance costs, and property management fees), vacancy rate, and any financing terms (e.g., interest rate, down payment, loan term).Calculate Gross Rental Income: Determine the total potential rental income the property could generate annually.

My original intent was to use this property as a short term rental however, based on the market I can sell for a considerable profit to invest in more units and grow faster.

A few additional things to consider between the two loan types: prepayment penalties, probability of closing, points/ fees.... and vesting (LLC or personal). 

From CA, Originally was thinking STR but now my mind is taking me towards a BRRRR more LTR.