They survived the market crash and the pandemic for good reason.

Market OverviewThe Los Angeles retail market showed signs of stability in Q1 2024, with asking rents holding steady at $34.21 per square foot and vacancy rates remaining unchanged at 8.1%.

A set price per unit doesn't make sense to me because the finishes in a C class unit in a modest market versus a B class unit in a more upscale market could be MILES apart and cost VERY different amounts to repair/replace. 3.

However if you want to generate more cash flow putting 15% down will help you because not only is it a lower montly payment but when you hit 20% equity they will remove your PMI.If you put down 5% I would stronly encourage you living in the Airbnb if possible and renting out the home so you can generate even more incomeIf you look at it like this it'll helpMonthly payment < Potential income + current rentIf you can move and reduce your cost of living that is always great at the bare minimum they should equal each other in my opinion because at least you'll have equity if the market you are choosing is a strong equity market.

My impression is their students have a decent beginner level understanding of how to market and ask general questions of potential note sellers.

Quote from @Cesar Garcia: So I'm thinking of purchasing a house out of state since my hometown market doesn't make much sense to purchase in. 

Some investors may use different percentages based on their risk tolerance and market knowledge.

Seem super clean as far as expectations go.Definitely smart of you to not interrupt the other tenants power that would only create more issues.  

Im a South Shore guy and the market here is nuts right now. 

Hi all:I’m considering buying an STR in midland and/or Odessa and wondering, for those familiar with the market, how is it performing?