The increased potential returns comes with significant increased risk which is not playing out well for many right now.

If short term rentals are truly where you see your future, making a calculated shift might be the right move, but ensure you're not jeopardizing your financial stability in the process.Hope this helps!

I'll get most all of my remodel money back out and be left with about 20% of my own money in the house - cash flow will be limited once rented.

And you will find folks all react differently I have had them move right away and leave it broom clean..

@Tricia O'BrienI spoke with Chrissy from Moxie today, she said all the right things, 300 properties under management, team of 4, online payments, low fee for placing residents and reasonable monthly fee.

Like Nate mentioned, choosing the right lender will depened on the type of loan product you are needing. 

Flips are labor and time intensive but are good for cashflow if done right but can be difficult for new investors without a good mentor.

Right now with the feasibility study We're anticipating about $4,000 for the SFH and $2,200/mo/unit on the ADUs, totaling about $10,600/mo in rent revenue so the initial rents look great.However, I don't know how the loan will play out.

Hey Mikael, You’re in the right place—the community here in Charlotte is super welcoming and always ready to help each other out.

You are doing all the right things right now in terms of gathering great information.