Bank owned property close to university and central housing areas, that provide consistent rental income.

I have been working with investors, wholesalers and realtors for the past 3 years providing different services for them like list generation, cold calling, lead management and closing.

However, this perspective overlooks the strategic advantages that a detailed cost segregation report provides.

I hope this provides some guidance/clarity! 

If the property does not provide for all three, you should not underwrite or make investment decisions based on the property operating as an STR.

@Byram Heights I don't know your market but looking at your listing, I will provide some generic comments. 

If you're breaking even at 25%, this should provide positive monthly cash flow with less principal accruing interest.

If you are putting in 50% of the purchase money, guaranteeing the rehab loan alone, and doing all the work, it does not seem fair to you that your investor takes 50% of the profit.Though there are lenders that specialize in second-position rehab loans, most who make these will expect to be in first position.

The one I am used to using provides cost estimates of various rehab products based on specs about the house.

It can provide tenants more options and possibly lower rates, but it can also signal oversaturation and make tenant placement more challenging.