Hi,I purchased a six-unit apartment and transformed it into a six-unit STR.

If your exit strategy is to rent the units then you will want a DSCR loan (30 year mortgage for rental property)  to refinance the fix and flip loan.

I purchased a duplex, renovated and rented one side while living in the back unit for a few years. since then I have moved out and rented both sides while renting a house for less.

Typically, getting into the 5-unit range can get overwhelming for people and take up too much of their time if they're focused on scaling.Real estate bookkeeping is very balance sheet heavy and that's where the mistakes are made if you're managing the books yourself.

I'm currently under contract for a multi-unit that didn't appraise.

Any help is greatly appreciated.Thanks,Correy Rental ADUsFor-Sale ADUs1shall be affordable, including an allowance for utilities, at a rent that does not exceed:shall be affordable at an affordable housing cost that does not exceed:Very Low Incomehouseholds30 percent of 50 percent of the area median income, as adjusted for family size appropriate for the unit.30 percent of 50 percent of the area median income, as adjusted for family size appropriate for the unit.Low Incomehouseholds30 percent of 60 percent of the area median income, as adjusted for family size appropriate for the unit.30 percent of 70 percent of the area median income, as adjusted for family size appropriate for the unit.Moderate Incomehouseholds30 percent of 110 percent of the area median income, as adjusted for family size appropriate for the unit.35 percent of 110 percent of the area median income, as adjusted for family size appropriate for the unit.

I'm bidding on a 40 unit complex in the Midwest.

I know here in Denver, the city has cracked down on short-term rental permits for unauthorized basement units. 

The plan is list 10 of our units on Airbnb (we have current PM systems, hospitality, cleaners and maintenance techs in the area already).

I collected MTR comps and ran the numbers, and found that I might get an extra 15%-20% from a MTR, but I'm not sure if the vacancy rate I plugged in was reasonable (I'm in a mid-size city and my properties are close to Universities, hospitals, and other things that attract MTR tenants, so hopefully I'd have low vacancy...but I like to play it safe with my numbers, so I try to allow for a good bit of vacancy)... ...plus, all the comps I collected were just listings this month, and I don't know how much they're affected by seasonality, so my rent data might not be super accurate... ...maybe I'll give it a test run with one unit that's opening up in May, and see how it goes...