Alabama, Carolina's and mid west are great for cheaper but cash-flowing properties.

I purchased the home in mid January for $22,000 and invested an additional $30,000 in rehab costs for material and labor.

I purchased the home in mid January for $22,000 and invested an additional $30,000 in rehab costs for material and labor.

I’d be going from 5% to a low to mid 3.

It's a typical mid century ranch style common the neighborhood that has good open floor plan potential.

Has anyone in Maine (especially central to mid-coast) had success with a local bank in this type of situation? 

I'm mid 50's so have not started doing any sort of distribution of funds in any tax differed accounts. 

By spotty I mean not booked full, a few long weekends here-and-there and a few mid-week stays in each. 

I am a So Cal resident and first-time investor looking to invest in some SFHs and/or MFHs as rental properties using the BRRRR method and I'm curious if anyone has experience in the Mid-Michigan area?

We did discount a mid month move into a studio we rehabbed just to get immediate rent plus the utilities switched.Two apartments vacating Sept 1st were raised beyond mkt rents & were both rented to qualified millennial couple tenants within the first 2 days of an open house.