Because if you pay cash for something, and need to pay it back, you want to buy it cheap enough where you can get a "cash out refinance" on the property after you fixed it up.Let's pretend your numbers are real.If ARV is $600,000 and you generally follow the 70% rule, you multiple 600,000 by .70 and get $420,000. 

McPherson/Perry Studios), but if your job is up northside, Marta doesn't help much w/o depending on multiple bus transfers to the train.

Granted, I’m new to AirBNB but have done a ton of research into short-term rental and can offer some tips on dynamic pricing, calendar and property management, if you’d like :)What I’ve done is watch TONS of BP podcasts multiple times, signed up for a membership so I can use their calculator software, bought some books and done some networking...

Moreover I have multiple units throughout the city for years, none with a single issue. 

We have one client who demo scope of work usually entails about 2-3 pages it is so detailed.The next item is asking the right questions and get multiple references.

Well, there are a few different ways to do this, with each way being a better fit depending on multiple variables such as risk tolerance, available time to run a project, the interest in running the project, and emotional grit.

I've had multiple prospects asking if they can move in 1.5 - 2 months from now, but that seems too far out to me, am I mistaken? 

In addition, weve asked multiple times for rent rolls and maintenance records from the listing agent to no avail.

@Jared Carpenter Per Door: $62-69K rangeReturn thresholds: 15-18% IRR and 1.8-2.0x equity multiple (LP returns).

My experience has shown a shortage of quality property managers, so you should be successful if you keep owners perspective at the forefront.