That could mean poor tenant quality, which could lead to them not paying or eviction.

Quote from @Liam Alvarez: Hello everyone,I’m considering investing in a short-term rental property in Gulf Shores, Alabama and wanted to reach out to the community here for some insights and feedback on the market.

If your DSCR has a prepayment penalty, you'd need to make sure you account for that penalty in the sales price to offset it. 

I engaged my webmaster - SEO expert to handle it and she contacted Mailchimp and was able to secure a new account for us, with her listed as having the final authority to authorize a mailing.  24 mailing later never another problem.   

mario,  correct on the math.Now for sure you need to rehab it.

Hi Foley, welcome to BP. 

I'm looking to purchase a 2-4 unit in northern Illinois, the Freeport area seems to have tons of affordable inventory.

I recommend that you learn the tax code and take ownership over your strategy.Not having some foundational knowledge and an opinion on how to approach taxes as a business owner is a huge mistake.In my experience, every single business owner who says "I just let my CPA worry about it and I focus on my business" is doing a suboptimal job at tax planning.They are likely missing out on 10s or hundreds of thousands in saved dollars every year.Stop making excuses and get to work.Just a few months of part-time learning about taxes will pay you for the rest of your career.

Here's the bottom line- I know that there are opportunities that do not involve fix and flip that you may be able to bring to an investor who will then decide to invest with you based on the numbers.  

But feel free to keep making more for PHX because I'm not biased or anything haha.