I am newer to this but have done years of research, read books, and read numerous posts on this forum.

Building : 1878 /2008 Renovated.Price : $600000 Asking Total Tenants: 15 & Monthly Rent : $21173Deal Analysis Value Over Time Can you please let me know what else is missing in this to get more accurate deal analysis.

Purchase price: $90,000 Cash invested: $40,000 Sale price: $1,650 This 100+ year old, 3 bedroom home, is ready for new owners to bring it back to life.

If this is only one of a small amount of properties, invest in a dryer exhaust vent cleaning system off of Amazon.

It's been pretty tough to find anything that cash flows lately, so we're going to move ahead despite this after being told it's not an uncommon situation in this particular submarket.We'd like to try and up zone so that it's no longer non-conforming.

I was hoping someone would jump into this thread with an Iowa opinion.

Purchase price: $90,000 Cash invested: $40,000 Sale price: $1,650 This 100+ year old, 3 bedroom home, is ready for new owners to bring it back to life.

Purchase price: $90,000 Cash invested: $40,000 Sale price: $1,650 This 100+ year old, 3 bedroom home, is ready for new owners to bring it back to life.

A 4/3 could potentially rent for $3,500 - 4,000/room/semester.Clearly some other factors to consider, but it would be great to hear any insight from folks who may have done this in the past.

There are about a dozen or so other STRs just like this in about an hours radius of myself.