That may make the sale “too expensive” for you.  

I think a walk in shower would look much better, but obviously it would be a lot more expensive and it’s the only shower/ tub in the house so I’m not sure if tenants would want or need a tub in the house (especially if they have little kids).

IRR specifically takes the time value of money and calculates what the average return is over a period of time and annualizes it.

My expenses YTD in this market are currently 44% of revenue YTD. 

Even though they cover all the costs, you'll still have to pay for closing expenses, about 3-5% of the loan amount.These loans are better for people who know their way around real estate, not so much for first-time buyers or those new to this game.Talk to a money expert, check out different lenders before you decide, understand all the risks, and look into other options like FHA or VA loans—they might be a better fit, depending on your situation.

Investors, As a Investors buyers agent I am asking what sets the great agents apart from the average agents, What kind of key points and criteria do you want to hear from agents when you are in the market for your next deal. 

When the portfolio generates above your take home salary from your job after expenses or? 

.#2 Value For MoneyLexington stands out as one of Kentucky's pricier markets, yet the state's average property prices remain comfortably below the national average.

In terms of taking on more liability, it boils down to what insurance will be less expensive and looking at what we are having to pay through the HOA (for insuring the aggregate of all units), it will likely be cheaper for owners to purchase individual HO3 policies to cover their units (as townhouses) as the carriers would not be taking on the risk of the entire $100M+ in aggregate replacement value, and the owners can take out policies for individual units with a whole range of carriers vs the HOA trying to get coverage through the secondary market.  

National STR Property Management companies are good, sometimes necessary, but also prohibitively expensive.