It has good returns, low barrier to entry, good landlord laws and low taxes.

Do you know of anyone who would be willing to partner with you on this deal to assist with the closing and holding costs?

Are you looking for high risk or low risk?

Make sure, if you can, that the total project cost is south of 70% of the ARV. 

Not easy to find a strong STR investment that cash flows down in our market with the low inventory and the number of competitive offers - Bravo!

Consider the additional costs for cleaning and maintenance with Airbnb.

Education expenses can be considered a write-off so potentially (ask your accountant) the Pro Membership cost could be considered a write-off.

These properties are older and generally on the low $ end so there is not much room based on ARVs to replace entire system but wondering if leaving it in would scare away buyers.

All of my current rentals cost about the same to purchase ($215-265K), but cash flow is so different and current house prices are as well ($325-600K)...and the one I spent the most for and cash flows the most, is now the one worth the least (still worth more than I paid for it 3 years ago).

Close to an up and coming area of town; new build with ultra low maintenance, desirable new finishes for renters How did you find this deal and how did you negotiate it?