We eventually paid $60,000 to install a supplemental AC system just for our suite.As a property manager I love it.

First off, I am not in that business, but as a builder in a coastal area where there are many Vacation Rental properties, and having properties that would work for such a use, I have given setting up a VR a lot of thought as far as what's needed, costs, etc. because I'd like to eventually be able to keep some of our properties for that use as they're in the perfect locations.

Financing is typically structured as interest only debt with 24-36 month term, which will convert to traditional financing upon stabilization and a handful of covenants including DSCR, debt yield, etc.

We will keep plugging away at it, because the numbers do work and we know we will eventually find someone who is willing to fund us, I suppose we are just being overly cautious because it is our first gig and we are investing our own money. 

It eventually led to a great relationship (and opportunities).

(The second building was originally a post and beam dairy barn that was later converted into a small feed store.)Since I was couch surfing at the time I decided to convert part of the barn into a one bedroom apartment.

I am looking to convert a 2 resi + 1 commercial to 3 resi.

Preferably the URL would be converted to a TinyURL that can fit into a small space (Tweet or Text).Thanks!

Then if he ok's it, put your offer in.If you are just putting in offers and then constantly backing out, eventually, the agents in town are going to start advising the asset managers to disregard your offers.

I'm looking to supplement my income by building a rental portfolio then eventually replace my income and retire early in 5-6 years.