Be careful it does not go into default : mature as the fees pretty much typically double

I have an opportunity to purchase a 2019 built 6 bed/6 bath 3300 sqft (Pool/spa, media room, full size garage) fully furnished STR in Encore Reunion community @ 180 per sqft costs me 600k.

I could have put three B class doubles in front of you with good numbers before you finished reading this... time is money!

They essentially act as a property management company but charge double the fees for fewer services.

Instead, I've heard of hosts raising the nightly rate high enough it won't book or setting a 30-day minimum stay and had no issues with a double booking.

However, if you have a more extensive portfolio or plan to become larger in the next year or two, I would look for a double-entry system that allows bank reconciliations.

My unit is a 1090 SF, 2 bed 1.5 bath townhouse.

Built out the basement into a 2 bed/1 bath unit Lessons learned?

Purchase price: $15,000 Cash invested: $15,000 Sale price: $5,000Motivated Seller- 3 Lots total: (1) Commercial Building, (2) 1 Bed room Rental houses, plus an extra lot.What made you interested in investing in this type of deal?

I have done a lot of those with small builders.. that way we get our rate of return on our note and at exit we made a nice spiff some times double to triple how much we lent..