The $10-15,000 in equity is attractive, it has a renter, and I know it will be turn key.

The program was designed to be in an LLC.

FHA is a program designed for first time home buyers and specifically not for investors.

I’m a young professional that would be seeking other young professionals but one of the bedrooms is 9.5x9.5 and there are only two designated parking spots with visitor spots nearby.

The 'new' debt service coverage ratio (DSCR) driven products are more attractive, though, IMHO. 30-yr fixed rate, 30-yr term, rates in the 4s (right there / better than banks) and no debt to income ratio BS.

When running comps on a home with a designated "Historic" value how would you differentiate from homes in the same neighborhood without the same designation?

@Bob Lett lake/water front ideally and close to some sort of attractions. 3br 2ba or something with value add play.I started researching municipalities but that task got a bit daunting.

Replacing the front door may only bring a 53% return, but it can increase the curb appeal and attract more buyers, increasing the chances of selling.

because of new hosts managing from abroad not doing proper guest screening and having incredibly low prices that attract all sorts of people to their place.

students deserve nice places to live. we aren't trying to be slumlords but i do realize that students probably have slightly lower expectations than other types of tenants, so i feel we wont need to break the bank in the level of finishing details like we did on our own home but we will provide housing that is clean and safe and attractive. also thinking we can use some creative materials and methods to make the units party-proof. maybe we get lucky and find some long term professors or grad students and don't have to do annual turnover on every unit. even so, i budgeted 8% for property management after watching david greene's webinar yesterday.the heloc would allow for an easy down payment and a nice buffer for rehab, and i have 750+ credit score and good wage earning history, so i think a conventional loan should not be a problem to obtain. a cash out refi might be an option on the horizon if we decide to really crank a proper rehab but the units (from the pictures i saw) are livable as-is.should i be more specific here on the address/market to get better help?