For that reason I've decided to go the turnkey route on my first property.

Properties like this interest me because of their cheap price and fairly high rents.

I believe that having multiple properties can enhance the performance of each property I own.

I think that most people here on BP stacked their portfolio 1 property at a time. 

Purchase price: $225,000 Cash invested: $20,000 Single Family Rental Property What made you interested in investing in this type of deal?

If the property doesn't meet the DSCR or the value basedon the market cap rate, your down payment will increase to bring up the DSCR orclose the gap to cap-rate value.Challenges/Lessons Learned: Just becauseyou can buy a property with a CMHC insured loan doesn't mean it is a good deal.We've seen a lot of investors agree to pay too much for the properties, and getshocked with a big down payment and low cashflow due to the low DSCRrequirements.

You can bring cash 💰, close fast 🏃‍♀️, and buy properties 'as is' 🏗️?

If both of those things are true, then you have a higher than average risk of tenant turnover, which is where that cap rate is coming from.

The next issue I think is we want this property for us since we just got the LLC started once the project is finalized we don’t have enough track record on the LLC or as a business owner to get a mortage or refinance the property under a mortage.

Listing Optimization- Updating Photos and Descriptions: We refresh listing photos and descriptions based on guest feedback and any changes to the property.- Checking Amenities: We ensure that all amenities are accurately listed and updated regularly.- Testing Titles: We try out different listing titles to see which ones attract more clicks.5.