Hello everyone, looking to convert my Airbnb into an MTR and listing on Furnished Finder. Was wondering if anyone has any experience in this space and willing to mentor? Be more than willing to pay for your time/advic...

Without a properly prepared foundation you can't expect to stabilize the ground below unless it is on bed rock.

For example, the seller gives you his rock bottom price.

I would say that not everyone knows their market and studies can certainly help, but i don't know who holds the crystal ball to tell you that everything is going to drop rock bottom in XX month of XX year.

We visit Denver often for concerts at Red Rocks. 

It is a resort community with a marina along the Illinois River, about 90 miles from Chicago and not far from Starved Rock State Park.

It would have been great to get started younger but time to stop "shoulding" all over myself...I'm in Castle Rock up the road from you and the market along the Front Range is expensive.

Purchase price: $267,500 Cash invested: $60,000 Round Rock, TexasDeal closed 6/28/18Cosmetic rehab completed 7/31/18Rented out 10/5/18Cash out refi 10/15/18 - got all but $60k back out What made you interested in investing in this type of deal?

Sometimes it's better to agree to pay a higher asking price in exchange for a rock bottom interest rate. 

Seek possession only, and then go after the back rent in small claims court (once you have gained possession of your unit) if you think the juice is worth the squeeze (usually, there's no juice, only squeeze, because "you can't get blood from a rock").Here's what I don't know:1) Does the previous owner's service even stand through a transfer of title?