I manage Short and long term rentals.

Hey All,I have a background in Civil Engineering working for around 40 years doing land development, floodplains, and waste management work, among other things.

I've been investing in Tampa for over 20 years and manage around 250 properties, so I'm quite familiar with the market.

A DSCR loan is underwritten based off of the applicants credit and an appraisal rent schedule. 

Only difference in the last few years is I have a virtual bookkeeping company and a property manager.

I've seen a few properties in Colorado mountain towns for sale recently with STR licenses that transfer with the property (rare to find because the waiting list to get a license is many, many applicants deep.

Please make adequate allowance for vacancy, management, property taxes, insurance, maintenance and cap ex. 

Direct Control: Managing the project yourself gives you direct control over every aspect, from selecting materials to scheduling subcontractors, ensuring that your vision is accurately 3.Learning Experience: Taking on the role of a GC can be a valuable learning experience, providing insight into the construction process and improving your skills for future projects.4.

The key is buying properties significantly below market value, keeping costs low through self-management and maintenance skills, and taking a long-term view to build wealth through forced appreciation and equity capture over time.

Its priced well, needs work(which is fine) but wondering if anyone has had any experience buying, living, or managing any rentals in this area or near it?