Purchase price: $530,000 Cash invested: $100,000 My journey into short-term rentals began after years of investing in long-term properties, but it was a podcast that opened my eyes to the incredible potential returns of STRs.

She has quite a bit of experience regarding investment real-estate purchases.

Invest in a Rental PropertyUse your equity: You could leverage the equity in your current home to purchase a rental property.

Purchase price: $380,000 Cash invested: $135,000 Annual rental to be turned into STR when tenant vacates What made you interested in investing in this type of deal?

I use a hard money lender here in Memphis TN that is 12% interest paid 1% monthly, 100% purchase & 100% rehab w/5points up front.

Therefore you have to rely on contract, if its a new build, make sure its in the Purchase Agreement.Why?

However, I don't like the fact that properties they will show me, they will have a financial interest in, because it could affect my purchase negatively. what are the pros and cons of going with an agent that requires dual agency vs. not?

Understanding the true material costs is important and I urge investors to get a good grasp of this before agreeing to labor only bids where they are responsible for purchasing materials.  

The best I've seen for STRs is 80LTV on purchase and 75LTV on cash outs. 

The second is a rehab property that I purchased for myself, I purchased it out right for 100k.