Using the different things the home inspector found to help decrease the selling price.

Hi Samuel,I've been investing in short-term rentals (STRs) since 2019 and currently own over 50 units across 13 different markets in Canada and the United States.

Hi Russell - I've read differing opinions on your thread and I guess one's feedback will be largely influenced by their experience.

I have a friend who owns over 60 properties in different states.

Maybe it works differently for a commercial property, and that's why I am here looking for guidance.Really appreciate all the inputs!

You're correct on your positives and negatives, but I would have some doubt on the DSCR disqualification - there are different loan products based on different asset types + markets.

totally hear you, pre 2021 in knoxville was a totally different ball game. again depending on your goals and strategies, your expectations aren't unrealistic. some deals may require more of an investment to make the numbers work like one of my student rentals that was a full gut project and took nearly a year to complete yet it spits out 15% cash on cash returns annually and i purchased that late 2022. investing in general is a risky endeavor, it's all relative to ones own risk tolerance depending on their position. we try and make calculated risks and look to evaluate multiple exits before pulling the trigger, yet there is still some risk involved. maybe a reit or syndication is the way to go if you want to be in real estate yet don't want to take on the properties yourself. either way i'm happy to make some local connections. 

I want to start with single family homes/long term rental, but also willing to try different strategies such as renting by the room/mid term. 

Hello Laura, Different lenders might require different things here but most of the time if you can show the lender a signed one year lease agreement that will be sufficient.

You will meet people from different walks of life that will give you different perspectives on real estate investing.