I had a particularly good week I picked up 3 infill lots in my target market this week so I am set for a few months now.... paying double what I could have bought them for when I first came to town.. but our finished product is selling for 75 to 100k more than we would have sold the same house for 18 months ago , so spreads are still very healthy for us.I would like to get another deal in OLD mt.

First few weeks they have big smiles on their faces thinking about all the money they're going to be shoveling into their pockets. 

I watch a lot of HGTV" That's typically when I just smile and ask what they do for a day job.  

Well you will have a healthy return on your initial cash investment, plus all you need is 19 Rent payments per year to break even.We would do a deal like this, as long as there was no: structural issues, major repairs coming due, or evidence the area was in was headed towards a downturn(major employer leaving, falling rents/property values).

In the various sources of info, the words "investor promises to make the payments to the seller" - do they mean verbally due to the mutual interest in keeping the financials healthy, or is this promise a written agreement?  

Originally posted by "all cash":I'm going to take a view that many others WON'T agree with, but I think I can refute their "tax advantages" point-by-point.Well then let's get started with a healthy debate.Originally posted by "all cash":1.

I think we will be experiencing this for the upcoming months given that we came from such a healthy economy.

Should yield a healthy profit, are you doing a 1031?

You have a process in place to deal with the misses and you smile at the hits.

If you really want to have a healthy conversation about safety in STRs then why not do it without attacking every STR operator in a broad stroke?