I’d dig into this a bit more.Another assumption that stood out to me as potentially problematic is the 6% income growth and only 3% expense growth.

Reach out if you would like to compare options or revenue potential for different homes and communities. 

STRs have a huge earning potential but it's definitely something that takes a lot of time, patience, and effort these days.

I worry that a disgruntled renter could see potential deep pockets if they did their research. 

It is still a seller's market in many geographic locations, so you can ask potential buyers for an extended closing period and/or with options to extend the closing period. 

I've been trying to save up for what could potentially go wrong like cap ex things.

on a recent podcast Dave and Henry Washington talked about 10-15 years being a potential timeframe. 

We’ve started talking about the potential for collaboration, particularly to reduce construction costs by building simultaneously.

Be certain you've fully evaluated your cash flow by doing a cash flow analysis.I leave it to you to confirm you've taken in consideration the following potential costs: CapEx, maintenance, property management, water, sewer, trash, vacancy, turnover, taxes, insurance, etc.

The property will be strictly for investment purposes, not a primary residence.I’ve been looking into two potential financing options:Hard Money Lenders (HML) – I’m drawn to this option for its speed in closing, but I know the rates can be higher.DSCR Loans – This seems like a great option for long-term rentals, but I’m unsure if it’s the right fit for my auction property since it might need some rehabbing.I’m also considering purchasing through a land trust or an LLC to add a layer of protection and privacy.So, my questions are:What’s the best way to approach financing for auction properties?