Get the inspection report and check comparable properties quickly for condition and then go to the seller with your proposed reductions and be able to point out condition-comparable properties in keeping with your proposed price reduction.

There's plenty of hair stylist between here and there - and I would be some are cheaper than others too. 

Quote from @Katie Camargo: I'm just starting out as an investor (about to close on our 2nd investment property - this one is in Virginia and our other property is in North Carolina). 

Is anyone doing MTRs in the North San Jose area and using their property both for STRs and MTRs within the same calendar year based on demand, seasonality, etc.?

We added some instant value to this one, changing fixtures, adding accent walls, and altering kitchen cabinets.

"Evictthemforme.com" is who I used. 

@Jared KhanHow about saving and using cash?

Purchase price: $215,000 Cash invested: $45,000 Long term new construction buy and hold.

tldr : A 3 acre lot used to be 6 ~ 0.48acre lots but we're merged together to make 1 big one. 

It's got a bunch of tips and checklists on how to get an MTR up and running.