Might as well buy some government bonds at that rate. 

While it is possible to post the raw URLs within an ad, many URLs can be rather lengthy, cumbersome, or un-intuitive for some readers to utilize.

The first thing a tenant is going to talk about to bond with their co-workers, who are all also tenants, is how mean and cheap their landlord is.

Thanks for the lengthy response as always :)Ha! 

Treasury bills are paying 5+% and investment grade muni bonds are paying 8% - 9% (assuming u are in the highest federal tax bracket and in a high tax state like NJ).

So, you could use any licensed, insured, and bonded contractor, but they just won't know the timelines, guidelines, rules, paperwork, processes, payment structure, bid format, variation of the 203k, etc. and would basically be winging it. 

I’d probably stay away from short term rentals (fwiw you really can’t do them anywhere in the dmv with execption of Alexandria unless it’s owner occupied) I’d probably use like 100k of that as a down payment on a property somewhere in the vicinity of dc, say front Royal or the eastern shore (I have a rental there) but the rest in an index fund and bonds and diversified putting all your money in a str in area you don’t know is pretty risky.

2022 was brutal for anyone with money in stocks, bonds, or crypto.

Current DSCR rates for 5+ units are going to be higher than 8% (although bond yields have slid the past couple days, so fingers crossed) and will need in-place rents to meet at least a 1.0x DSCR.

The examination, licensing, bonding, insurance, and net worth requirements in Georgia acts to weed out such idiots.