Those folks are typically looking for months at a time stays though.

I wanted to share an experience in my real estate journey in hopes of inspiring some folks who are just starting out and getting their feet wet.

Less Cap RateClass B neighborhoods: Some white collar folks 100-150K Good schools.

Looking to connect with other folks across the BP network to learn from and offer whatever help I can to as well!

Hoping to meet and connect with folks here and learn from everyone. 

However, if you speak with enough folks in one market, you will quickly see some common themes that should help with honing in on where to look & what to look for. 

In 2020 and 2021 during the Covid pandemic, folks from Nyc and Philly bought them all up.

that is curious my only thought is the UPB is actually higher given default rates etc.. or the theory for folks is simply loan to own.equity is so high you take on the risk of low return for the chance to own the asset through DIL  as we know if there is a lot of equity more than likely someone will bid it at courthouse steps and you wont acquire it anyway.we have bought notes for the sole purpose to own the asset mostly properties that could be developed that most note investor simply looking at the notes and zillow etc would not know the HBU of the asset..

thanks for the reply folks.

You have experience in real estate so don't be afraid to jump in and answer questions for less experienced folks.