As long as you have the right team full of deal finders, contractors, lenders, and property managers, it's a great strategy to scale your RE portfolio.Good luck! 

We found the deal off the MLS there was an investor/realtor who owned it (inherited) and didnt want to bother with reno so we took it off his hands for $175,000 put in $90k/$100k & ARV $350k-$365k max.

Is this a good deal?

You'll have to buy right to get either instant equity or forced appreciation so that you can pull some cash out during the re-fi to be able to use that for your next deal.

However, downsides include regulatory restrictions on bank lending, many institutions that restrict concentration and geographies, and other headaches and issues that arise when dealing with a slower-moving bank.DSCR loans are the option that has completely changed the BRRRR lending landscape in the last few years.

I wound up going in a different direction and did not pursue the issue.Bill

The reletting charge doesn’t release Tenant from continued liability for future or past-due rent; charges for cleaning, repairing, repainting, or dealing with unreturned keys; or other sums due.

Having trouble analyzing this deal as there are so many variables and I do not have the experiencing analyzing deals to make me feel comfortable taking the risk.Purchase price of the land would be $250,000 not including closing cost or fees, and construction for a new 3/2 home with an attached 1/1 ADU is estimated to cost around $300,000 - $400,000 finished.

Seeking some advice and tips on how to continue in the right direction, looking to continue buying real estate in Baltimore I just recently moved into a newly renovated single family row home but already thinking about the next opportunity out there.

I contend the more people push for direct bookings the harder for AirDNA to account for it and as said above they have no way to account for uniqueness (location, amenities, build).