Purchase price: $200,000 Cash invested: $40,000 First investment property - higher end rental in my market.

It is good practice in assessing STR potential and performance by combining personal research and rental experiences (rates and dates) with at least one local reputable Property Management company rental revenue estimate. 

Syndication is all about marketing.  

In our market p,umbers are crazy expensive but clearings are quite reasonable.  

What's your best marketing piece?

The mortgage is secured—or collateralized—by the house, the buyer’s name goes on the title and the mortgage is recorded with the local government.2.

Then use that report as a guide to what else really needs fixing.Also, use this guide to prioritize repairs:1) Health & Safety issues2) Property Preservation3) Goverment Required (S8 and city inspections)4) Marketing negative impact5) MiscellaneousAlso, keep in mind YOU are NOT living in the home!

This seems like an impossible task in the Denver market at the moment, but I am looking forward to not living in an AirBnb soon!

Relationships are everything in this business.Our current land development pipeline now comes from relationships with a local landowners.How are others sourcing deals?

.: Hi BP folks,Does anyone have recommendations for a local architect who 1) works with multifamily and 2) works with rehabs?