I'm interested in learning a bit more about typical vacancy percentages, size of the local population being serviced, reasonable percentage of effective gross income for expenses, etc. as well Peter.Hopefully some experienced member(s) will sound off!

I have thought about direct mail campaigns and like the idea, but that tends to have at least a 2-3 month lead time on contacts.

If we don't go the LLC route for now and just make a general partnership, will we have to register the partnership also in both Ohio and California?

Which is a lesson learned for me because I need to plan things out and recognize issues faster.

A nice potential boost for downtown Louisville. 

Hi all,I'm sure some have heard of the properties being built by Clifton Homes:Location: 9440 N Adrian AveThey are a fully vertically integrated operation (prop mgmt, construction, and financing).This is their deal:Cash in:  $50K6-8 months later:One time refinance to put a long term mortgage on it at or around 75% which gets your $50k back + 16%.

Quote from @Nolan Fernandez: Hello Everyone,I have a client that would like to use their section 8 voucher to purchase a home in Massachusetts.

Maintenance and repairs typically range from 5-7% of rental income, compared to the standard 10%, as new builds have fewer immediate issues.

I’m new here and have a question I’m hoping some experienced STR investors an help with.

You still can if she does not have a lease, you just need 60 days notice.Emotional support animals are not protected, only service animals, so she does not have a claim there.