We are LT SFR investors and are  just getting started in commercial RE investing.

Just went under contract on a cash deal for future BRRRR or flip.

Seeing it as a great potential future home, I decided to make an offer.The offer was accepted, and I purchased the house with the intention of staying at my parents' place while renting out the home until I'm ready to buy a duplex, moving closer to my goal.

Joke writing is a hugely underappreciated art.

You can find them in local Facebook re groups and at re meetups. 

We wanted more property for our family and extended family and I knew I could use it as an STR to offset costs and pretty much give us a place that pays for itself while getting some tax benefits, equity, and possible refinance in the future.

When discussing these properties I simply call up the listing agent and ask what offer of compensation is being offered and make sure to write it into the contract.

There’s currently no significant or restrictive Airbnb regulations, and as the town is in unincorporated Lewis County any future regulations would have to come at the county level – something that county commissioners have not expressed an interest in doing so far. 

Emphasize your strong rental history and present business financials to showcase profitability trends and future projections, increasing your chances of securing the necessary funding.

I’ve been wondering that same thing.Seems to me when comparing candidate investments, why would I pay more for an investment with risk and work (5% Cap multifamily), than a risk-free passive investment (5% CD or T-Bill).Note that going from a cap rate of 5% to 10% is a 50% drop in price…that’s significant…easy to see why a seller isn’t willing to give a higher return.I’ve asked the question before and gotten answers like it’s because investor borrowing costs vary, and you must consider future rent growth and appreciation … I guess if you have low borrowing costs and are optimistic about the future a 5% cap rate makes sense.