Demo the bathroom of a standard tub and install some tile and glass block abortion half finished when you finally evict the psuedo-owner/tenant (yes this one happened to me).In conclusion - I am sure many folks on BP will tout the $$$ they made from lease-options and rent-to-own, I know many in my REIA who have the same position - I have made a solid rental business for over a decade with a simple rental relationship.

Yes, you can and even though 'everyone and their mom' is touting about 7%+ rates on dscr loans (no personal income), if not 8%, you can still find them in the 6's. 

I'm looking at properties in the 300k - 350k range which would mean either a condo in downtown Austin (would like to stay close to UT Austin) or a SFH ~45 minutes outside of Austin.

Both of these guys have gone silent since their pod cast and touting selling to occupants on a note (seller financing).   

@Chris Clothier @Aaron Mazzrillo  I know this Is a year old post but it only took a year of selling this junk for this to start to implode....as you know Morris was touting himself as a turnkey  when in fact he was subbing everything out and is simply a marketer like a Maverick or other west coast marketer making a fee for bringing clients to the rehab contractor who was acquiring and in charge of rehab and happen to own the management as well.WEll that company Oceanpointe got shut down by the Indiana AG  and as we all know to have the AG shut down a business means there is not only SMOKE but FIRE.... in the meantime there have been post after post of clients that bought these t**ds and one even posted a u tube of a house he paid to rehab that any of in the business could tell in 10 seconds it was never rehab to any real standard we would adhere to and most likely virtually nothing was done to it.. the owner popped in and wanted to inspect gave notice the PM was late saying his car broke down and then conveniently forgot the keys to the place..

If they self eliminate i’ve got my answer and i saved time.Applicants who have always rented have learned how to manipulate LL’s, they can be very convincing while lying like T****.OUT OF state applicants will show you fake photos of a lovely apt they are moving out of.

Denver is a really great STR and MTR market and Tampa has been touted as a fantastic market to get into this year. 

the market is def competitive as it is in winter park CO and its in one of the newer condo's touted as a "luxury rental"  so i am thinking Mountain Modern (i guess is the new term). 

I pass on properties typically where they tout value add but want a low cap and then if all goes perfect you then get a higher cap rate.

I looked into Cleveland and the numbers really scared the s**t out of me at first glance.