Seems like Petersburg is becoming more popular and it's definitely a lot lower priced market than Richmond.

You should treat your tenants more like employees than customers.

No complaints for the most part, although their customer service can suck sometimes.

Unfortunately, the limited population cap in the target town and surrounding towns and the traffic pattern analysis indicate that the barbers and cosmetologists would not have enough customer throughput in the first 24-36 months to reach reasonable compensation incentives to commute and work there.

Meaning they will quarterback your loan from the very beginning to the very end and offer above the norm customer service.Even through many commercial lending brokers work with the same hard money lenders, its the level of service provided that can make the difference, especially when it comes to your time.I wish you the best.

If you feel they are a good candidate, you then proceed on structuring the documents together.For about 3-4 weeks, the attorney will work with you to customize their existing template to fit your needs.

I find it to be a super popular area for Millennials and Gen-Z'ers.

@Michael Baum I only mean if the rehab is so dramatic that is warrants it one time, and the poor reviews were specifically about the outdated nature (not location, safety, rodents/bugs, customer service, etc.) 

Galveston and Myrtle Beach are popular vacation spots for STR, you can begin to look at the active STR listings in those areas to see what you would be competing against and get a better idea of the property you would want to invest in.  

Also, I know it’s not a super popular opinion but I think you can hire a manager and still do fine.