Providing strong supporting data from your Airbnb bookings, market comps, and STR reports will strengthen your case and help you close faster! 

Know your market (or partner with someone who does) AND do research, research, and some more research.

Backstory - we have an apartment complex that had a $339k loss on paper last year (I'm a 40% partner).

Only the first can be corrected, but us making a mistake and getting anything less than 5 star review is stricly unacceptable in my eyes and my team also has a strong sense of ownership in their position and loyalty to my company.   

As someone else had mentioned, the prospect for appreciation should be a strong consideration. 

because we have a strong demand for them and great str laws.The Triangle is visited year-round by travelling professionals in the research, medical, IT, and education space.

What I do see is that a strong screening process improves your chances of getting a responsible resident. 

I have partnered with individuals on fix and flips but my goal for 2025 is to buy my first LTR.

Quote from @John Friendas: There's a house I'm considering buying with a business partner as an investment rental.

@Olivia Blake how much money will you potentially lose by strong-arming a tenant and then having them break the lease early - or even just not renew?