Reason #4 is that we are still in an environment where housing supply and inventory remain limited.

@Dalton Dillon I am assuming you are buying outside of Houston City limits.

To give an idea of what my current numbers are with my other two Airbnb properties, they are both 5 bedroom 3 bathroom.

Additionally, the structure for these porches is commonly undersized and may need repair work including but not limited to sistering joists and providing steel angle brackets at the notched beam to column connections.

Keeping interest below the cap rate by 1.5-2 points sounds like a great idea!

:) As an investor, you have to have not 1 way of getting properties, not 2 ways… but more like 10 to 20 ways of getting off market homes (or better yet.. good deals). and keep in mind, that I am a realtor :) The name of the game is "options" You do want to have a great Realtor that you can bounce ideas and comps off of.

Port Townsend limits STR inside the city limits so it's pretty much a no-go. 

Hi all, anyone has idea how to bring in sunlight into a north facing apartment. 

The painting of the floor and increasing the rent are both great ideas.  

Any ideas on best method to market in Detroit area?