It can be challenging for 1-4 units depending on the property characteristics, your loss history/other rating factors, and location.

Shortly after this (let's say 1-3 months out) you lock up a contract and flip that contract to a cash buyer for a $10k fee (which happens all the time).

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Hey Anne, I'd suggest you do some research on the MTR rental rates and vacancy rates in your target area and understand the costs involved in renovations, financing and property management.

If you ever stop rolling over to new dsts and paying that 10-18% in fees, then you’ll owe all those taxes anyway…It reminds me of the large local swap meets, gun shows, craft shows, etc etc etc….    

In some markets you won’t get the higher booking rates and occupancy numbers without a pool (Florida and Arizona come to mind). 

I have a friend who is an agent that is looking to assume my VA loan and buy the house off market, so that I can avoid paying fees and commissions.

However, their referral fees (20-40%) were pretty steep but still worth it, given the quality.

Hey Mitchell, Doing a fix and flip in today's market with high-interest rates can be challenging, but it isn't necessarily a bad idea.

Financially speaking, I'm still saving, but the goal is 50k saved up (all costs: closing, fees, down payment, portion of rehabbing costs) by this summer with my fathers help on the cash all while I continuously save 50-80% of my work checks to fund for rehabbing this property and I work off my second job and "survive off of that."