Hello Baton Rouge Multifamily Operators/Investors,We are finding it difficult to hire staff for maintenance supervisor and tech in the Baton Rouge area. 

Box; rent can only be paid by bank deposit.For your convenience, the nearest location to your home is 123 Main Street, (City), or you can execute a bank-to-bank transfer using the routing number provided.If you have any questions, concerns or maintenance issues, you may call or text my cell phone at (your business number), or you may email me at the address listed at the top of this notice.Please don’t hesitate to contact me with any questions about this transition or any other pertinent issue.Sincerely,(you)

Plus, it could be Tricky with the money, as some banks might not want to give you a loan if they're not sure you can make enough money from Airbnb.Be Careful when figuring out how much money you might make, and it's safer to guess on the low side.

. - landlord friendly - low entry to barrier- Stable market- strong cashflow - Opportunity zones - Section 8 rentalDM if you have any questions! 

First I found it to show low rates, now I'm seeing them high.  

But considering all the expenses (PM, leasing fees, cap reserve, maintenance, taxes, etc), it has been showing as negative cash flow. 

If he owes a mortgage on it maybe the rate is low and you can buy the property “Subject to” the current mortgage (take over his low rate mortgage and pay him the balance with seller finance at 6% to save you some $$).

Now as we know its totally illiquid and I just carry it on my balance sheet at a very low equity number..

You must have a clear black and white understanding of who is responsible for certain maintenance/repairs and the “quirks” of the house while you arbitrage. 3.)

Otherwise it should 10-12% (it depends but if you add the leasing fee and weight it across 36 months then it will be more accurate than the flat fee)I'm not seeing 100-150$ per month for maintenance and I'm not seeing any similar amounts for capex reserve.Don't pay for utilities unless you have to for some reason.PP: 241kClosing costs: 3% is ~7.25k1-month vacancy: 1.8kLeasing fee: 1.8kImprovements: 5kAre you all-in for around 257k?