The ideal home price for you will depend on: 1) downpayment size 2) risk appetite, 3) preference for more cash flow or appreciation.Given our price points, our investors need to have 35-45K to start, on average.The typical cash-on-cash return on our properties net of loan payments, insurance, taxes, and property management fees is 6-8%.Ultimately, you can obtain financing from any lender, although we have partner lenders that can provide very competitive rates.

An LLC also makes refinancing in the BRRRR method smoother, as many lenders prefer loans through an entity for multi-property investors.Starting with the right structure positions you for long-term success.

Understand your niche!

I no longer invest in rental properties directly, I prefer spreading small amounts ($5K) in real estate syndications through an investment club, but we did a write-up on this company a little while back.

would be interesting to hear how "bottom-of-the-barrel" these questions can get lol(I can also hop on the phone sometime and chat throw if you prefer and are open to that)Getting neighbor signatures could be fantastic!

@Aaron Zimmerman my old Chicago buy box (Albany Park, Rogers Park, Irving Park, Lincoln Square, Ravenswood Manor) has moved pretty far away from my preferred fundamentals.

When you have a client that needs management, you refer them to your preferred PM for a fee.

From my research so far, it seems the demand is pretty high in general for STR's, I was also looking at San Antonio but would prefer to be in Florida and Jacksonville is the city in Florida that fits my budget, interested to hear from anyone who may know more about STR's there and to connect with anyone.

Thanks in advance. if it were me i would buy something i can house hack but the above is really very limited information so it really will boil down to personal preference.

Anyone who is interested I’d be happy to share a quick survey to help narrow down your preferred investment types / interests.