Just wondering if you can somehow combine this strategy with the BRRR strategy

There's a chance that you are crapping on their grandparents' hutch or the dining room table that was in their childhood home.

I own 2 of the units for STR that I kept empty last service period just to get a gauge on things and the 4 other units still managed to use a combined 43,000 gallons which makes a $860 bill total that is split between Louisville Water@$321 and Sewer@$539.

Firm, fair and consistent will go a long way and tenants need to know you will not put up with any crap!

If it's middle of nowhere stand to lose a ton of money long term.Sometimes buyers still buy the crap because it's only credit tenant in lower price range buying all cash for 1 million and they think I will live off the money and the estate with the kids can have the worthless property later.

But if you need more cash in hand now and can handle the higher fees and reduced cash flow, option 1 could make sense.As for shopping around, it might be worth getting a few more quotes, especially if you think you can find something that combines the best of both worlds—a decent LTV and lower fees.Hope this helps!

We then try to combine them all together or add it in if we’re handling something more serious.

(If your project is primarily housing or incorporates housing specific funding sources, you will need to apply through the Department of Housing rather than through this program.)The funding sources that a project can receive include the Chicago Recovery Plan (CRP), Housing and Economic Development Bond (HED), Neighborhood Opportunity Fund (NOF), and Tax Increment Financing (TIF) which have all been combined into a single, streamlined grant program with unified rules and regulations.

Another problem I see is investors using 8% for PM fee when buying in crap hole areas where a specialized PM there goes for 12 to 14%.

With a full-time job, it might be hard to meet those requirements, so your real estate losses could be considered passive.Now, on the AGI front—if you and your husband’s combined AGI is over $150k, unfortunately, you won’t qualify for the $25,000 special allowance that lets you offset passive losses against your other income (like your W-2 income).