After completing the repairs, I expect that 75-80% of the renewed property value will be close to my purchase price, and my goal is simply to recoup the down payment.

I’m trying to decide if I should keep going, or take this as a learning experience and sell it.I have a realtor looking at comps to get a sale value.

The basic fees on a loan make up too high a percentage on low priced loans which classifies them as predatory.

I just raised our rates for 2025 and we have about 25 days booked for next season.Our property values are outta sight but there aren't as many STRs as in the Smokies for example.

The bigger concern would be your ability to refinance and make sure the property appraises for a value that allows you to refinance. that would be the risk, and if you cannot refinance, the balloon expires, the lender could foreclose on the property  

If you are looking in TN, Memphis is a great place to start, but I would highly recommend Detroit as well. 

Nieto1- no2- most of Southern California, and east coast major financial / political cities - NYC, Boston, DCThese markets have always been good as they have high incomes and are desirable places to live.

Whether you're a new investor or looking to scale your portfolio, qualifying for traditional loans can be a challenge—especially if your personal income doesn’t meet the strict requirements.That’s where Debt Service Coverage Ratio (DSCR) loans come in as a game-changing solution for real estate investors, providing an easier way to finance properties based on the property's cash flow rather than your personal income.What is a DSCR Loan in Real Estate Investing?

A spouse  wants $50,000 of the $140,000 value of a real estate property being held in their spouse's SDIRA in Florida- an equitable split property state when it comes to divorce.

Can the lawyer prove he provided you the change of address?