The challenge was ensuring that even minor updates added significant value.

But even with all that - barring some extreme specs required for your systems, it sounds really expensive to me.See what several quotes tell you. 

The plan is to cease the STR next year and switch to a MTR and thus, I would then report that property on Schedule E.My other property, which was also recently acquired, is already a MTR, and I would need to report it on Schedule E.So my question is: can I report one property on SCH E and the other on SCH C even though they are both owned by one LLC?

We learned that even in fast-moving markets, maintaining a balance between speed and strategic pricing is crucial to maximizing returns.

Call every single flipper/developer in your area, post the deal in every investor Facebook group, and go to networking events.By the way, if it's easy for you to get a property under contract, most likely you are offering too much.

I've never even heard of a due on sale clause being called in 17 years in the business. 

There is even more options on hemlane about them providing some sort of payment card.

Some of the towns & cities where our investors do well: Wallingford, Milford, Cheshire, Middletown, Cromwell, North Haven, Woodbridge, Orange, Shelton, Watertown, Newtown, Branford, Bethel, and Guilford to name just a few.For 2 bedroom rentals: Good school systems may be an issue for some, especially for single parents but also proximity to employment comes into play as well so it adds places like parts of Hamden, New Haven, West Haven,  Bristol, East Haven, Stratford, Northford, GlastonburyFor apartments - studio & 1's: All of above plus Derby, Ansonia, SeymourWe don't go past Glastonbury as a rule so I can't comment on Hartford and north.

Even if I were sued, I document everything and obey the law, so I won't be found guilty.

I'm trying to figure out how the seller is coming up with their figures.What would you pay for:Multifamily in a small town, low appreciation potential, 3 commercial storefront units and 10 apartments.  8 single bedroom and 2 double bedroom.