My 4 unit went from $580 to $1350 and did one in albany recently that went up 60% with barely any work.

I invest in homes around 200-220k and the numbers barely work with $2000/month rent with these C+ class properties.

I barely am out of pocket for my rent expenses.

I bought a 2 bed / 2 bath house in Pigeon Forge, TN in 2021 for $282k.  I did conventional financing and put 20% down.  This was my 6th or 7th STR in the Smoky Mountain market (now I have 11 and I am building number 1...

We can barely afford our life, and we have 4 kids.

Interim and audited financials accompanied by monthly commentary is the bare minimum.I've certainly seen my fair share of both gems and duds.

I like the blue...There is a lot to like here, you clearly did your homework on what appeals to buyers, but I agree with the other writers, the house needs to be spotless clean and also attention to detail is paramount...if buyers see a bare bulb hanging from the ceiling, they wonder where else you cut corners and what they cannot see that might be shoddy.

Am I doing something wrong or in the wrong market when I’m analyzing BRRRRs and barely cash flowing if at all, or are possible value add and refi out some money, but negative cash flow for 3 years at like -$300/month?

I dont know what taupe is exactly, but if it has pink undertones I am staying away.

I find it hard to believe you would be bared from doing a legal transaction in your own name because you are an agent.