However, I would suggest you calculate a 5-10 year pro forma on each property and calculate an overall IRR for each so you can compare and contrast based on your risk tolerance.

Happy to chat if you need some guidance into areas and property types. 

Hi everyone - I am working with some investors & found that I am being faced with the problem / pressure of reducing my commission as they say they are going to buy / sell several properties with me & will not sign an exclusive agreement that puts a time / place & create a sense of loyalty.  

I was going to run an STR in the home and he would enjoy a higher rent than from a regular LTR rental AND he would have the property managed too.All was going beautifully.

I have learned a good bit about the management of those properties since.

The property's location is ideal for short term rental (Orlando area theme parks and convention centers.)How did you find this deal and how did you negotiate it?

I had desisted of the idea of house hacking due to the fact that most small multifamily properties are  the most desirable areas(based on my experience).

But is this not in a big way defrauding banks  lenders or property owners managers when they pull credit on this person. 

Currently interested in north Dallas area, Ohio, and properties offered by REI Nation.

To illustrate:You inherit a property today that your relative/friend bought 10 years ago for 100k.