(expensive and complicated).2.

Rents are actually the same as my expensive properties here, which cost 3 times what a comparable house in Fresno costs.

These are expensive and you will probably not end up saving money over just hiring a real GC.

That coupled with covid prices increases and me being unable to work as much due to a broken wrist made this our most expensive and least profitable flip yet.

There was a boom towards the later part and after the pandemic as far as number of listings, average daily rate, and occupancy rate.

Splitting all start up fees and go forward expenses.

Following this, both the Average Nightly Rate (ANR) and occupancy experience a slowdown until the beginning of February.February - Marked as the high season, February consistently stands out as one of the best months due to favorable weather conditions in Florida and colder climates elsewhere.

Ultimately this is what theyve offeredPurchase price $250kDown Payment $5kMonthly payment $100010 Year balloon payment.They will cover all property expenses including taxes.They want tenants gone within 30 days.I still owe $146k on the property.

the purchase price can not exceed 300K,should not have negative cash flow, after expenses and paying a property manager.

If you could provide a general overview or a step-by-step guide at a very high level—focusing on vacancy rates, capital reserve expenses, expense ratios, and any other crucial details—it would be greatly appreciated.