It was the challenge and potential.

There’s a ton of upside potential here and projected future growth.  

But those are nice cabins with more than one special factor: incredible views, high-end design, amenities.But I run numbers on potential short term rentals all day, and 4 out of 5 are less than 5% CoC.

Like others have said there is potentially some liability there (america!)

I'm concerned about the potential costs associated with selling.

As I have heard that a “failed security system” could potentially lead to liability for tenants property.

@Whitney Lares I kept my first BRRRRs as LTRs, I know MTR and STR have higher income potential but my goal is time and income, LTRs provide me that and the management of these in STL are much lower monthly % so it works for me.

@Johnathon Jenkins so even though the liability is covered, am I potentially missing out on certain loan programs for small businesses?

You can potentially find undervalued properties, rehab them efficiently, and achieve good rental income.Decent rents: $1000-$1600 rents provide a strong foundation for positive cash flow after factoring in rehab costs and ongoing expenses.Cons to consider:Market competition: Investigate how many other investors are using BRRRR in Wichita.

You can get preapproved with hard money lenders to find out what they will potentially lend to you.