Depending on your deal, there may be better options than hard money to get things started. 

*Be present or have someone take photos while cabinets are being installed, this saved me from buying an extra lower and upper cabinet as they weren't needed.

The fact is, I need the extra income STR rentals bring in and don't want to leave any money on the table.

Your options will go from limited to none for $700,000 anywhere in Jersey City with parking.

Your profile mentions that you are a real estate agent - You want to have a conversation to see if you potentially are eligible to claim real estate professional status which would allow you to treat your rental losses as active instead of passive.Also have a conversation if you are required to make estimated tax payments since there is no withholding on your commissions.Lastly, your profile mentions you are in Florida which does not have a state income tax which opens you up to more options for choosing an accountant.

People live there because they have no other options.

Probably worth about 260k)Down payment: $100,000Interest rate: 6.75% (option to raise rate in 3 years but not down)Loan Term: 30 yearsBuyers monthly payments:  $1,394.49When I crunch this into Chat GPT is says I am getting a 271.87% ROI.

If the seller is not liquid enough to provide a loan, they could attempt to find another financing option for the buyer.

@Justin LaPointe That is a great option!

However, the search for "family homes" and more spacious yet affordable rental options indicates a broader definition of affordability that includes larger living spaces.Diverse Family Structures: In zip codes like 28303 and 28304, a significant segment of the population includes families with children, as indicated by the demographic makeup.