Yesterday I received a call from my contractor about a new solution.

A discount rate reflects the minimum rate of return an investor expects to receive on their investment, considering the inherent risks associated with the property.

I assume the only way they wouldn’t laugh is because you are overpaying for the property and they are considering that overpayment additional interest. 

For example, you might reduce rent by 2% and cause your vacancy to dip to almost 0% causing your rent received to actually RISE!

Understanding the different policies and your risk exposure is properly the most important thing to understand.Understand your deductibles and what is covered with your specific policy (i.e, is sewer back up included, flooding)You can always get an umbrella policy if you want some additional insurance.

I have 4 STR/MTR's here in San Antonio and I receive bookings through all the OTA's along side with repeat guest referrals.

We have received $15k to date and have the loan under agreement to sell to another investor as a reperforming loan.This is BEST case situation but it is not uncommon if you do it right. 

In addition to that, I check for criminal background and evictions through the local source for that region.

Additionally, commercial properties, such as office buildings or retail spaces, may provide attractive depreciation schedules and potentially higher rental income.

Buy something that the numbers will work as a rental and increase after some initial rehab during the first 1-2 years of having it as a primary, build additional savings and equity over time, and ultimately rinse and repeat/build a portfolio!