.• Property Management: Since I’m investing out of state, I’ll be hiring a property manager to handle day-to-day operations. 

Still, its a great subdivision and there are a lot of investors that know what kind of revenue those cabins should be generating. 

Leverage & Portfolio GrowthInvesting in a solid multi-unit property allows you to leverage your capital into an appreciating asset that generates cash flow.

Quote from @Jaycee Greene: A few things I noticed, in addition to having the tenant pay the utilities are:1) Incorporate annual increases in rent higher than 2% (in your area, maybe 4%-5%) with a slightly smaller increase in operating expenses (say 2%-3%)2) With a gut rehab, I'm not sure why you need to spend $128/month on cap ex, at least for the first year or 2.3a) An 80% cash out refi is probably going to be hard to get.

Well, STR can work well for people who own a vacation house for personal use, and just want to generate some extra income when not in use.  

We’re actively working toward building a real estate portfolio that will generate passive income and create financial security for our future.

Do anyone have any  experience of automated tools like CRM integration, Automated lead generation and mass outreach, customer management and appointment booking etc.

Rarely do they like such units being operated in such way.

Henry Washington from BP on the market podcast operates here.

I am curious if there is anyone else in this industry operating any senior living homes?