Real estate markets correct themselves and normally on a localized level.

If you are going to buy $75,000 houses in Memphis, you need to go visit them in person.I don't know anything about these companies, but when it sounds way too good to be true, it normally is.   

Creative wise, I would say having a nice interior design,something that’s more than the normal furniture or décor.

I guess I'm thinking, is there a way to have your STR tenants have an experience that is above what a normal guest renting from them might get?

Many thanks in advance,Victor Talking with my friends contractors in the area... some of this contractor offered very low price for their projects betting to build many units and market changed and they simply started to file bankruptcy... when comparing cost it's common you will find higher costs ... been in this market last few years, houses will start to move again in the next months in a normal cycle (not pandemic cycle) , if you're goal is getting long term rental in place for delay gratification...

Even paranoids have enemies, and in this business, it's a lot better to be perceived as crazy paranoid than weak and trusting, or even sanely normal.

I am glad and fortunate that I am already well positioned with my RE holdings.Good luck ya know maybe the market is just normal and what was not normal was all those investors who jumped in 2010 to 2020 those were abnormal times.. prices interest rates.. maybe we are just back to normal ??? 

My question is, is this the normal way of doing a cash out refi for a BRRRR and pay closing costs twice?

There used to be one, but normally people post questions in the larger groups and simply add the location (usually Canada or the province) to the heading.

Amateur GPs are normally NOT good at this and many have lost all their investors money.