I'm pretty sure that the cost to get this done is not cheap!

Depending on location they can cost a lot to replace but when you factor in what you save from paying sewer bills it’s cheaper in long run.It would not stop me from buying a house

Right now we pay our cleaner $300 per turn but charge guests $250.The costs of having a STR about an hour outside of town.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620, many blemishes, but should have no evictions in last 2 years.

It is a practical way to dip your toes into real estate by using your primary residence to generate rental income.Meanwhile, for the patient investor, the BRRRR strategy (Buy, Rehab, Rent, Refinance, Repeat) is an incredibly effective method over time, allowing you to steadily build wealth through real estate.Both methods have served me well in navigating the Tampa market, and I would be happy to share more insights or connect with you if you're interested.Best regards,Jorge

Pushes the cost of damage protection insurance onto the hosts and guests.

First, determine what your lender offers in terms of Loan-to-Cost (LTC) for acquisitions and the maximum Loan-to-Value (LTV) for a seasoned cash-out refinance.

I will recover this cost of new heating equipment in 2 years through the savings of what I paid this year for heating oil.

Water damage/mold/ect. is much more costly to repair than to prevent.3.

@Joseph Stammeyer, the program costs just under $10k and they will fund all of your fix & flip deals, including the rehab.