We focus on more long term buy and hold strategies so I’m not too in tune with the STR market. 

@Isaiah CuellarI think there are several strategies you could use.

How do you guys determine cash flow for a property, assuming it’s fresh of the MLS. Here’s mine but I feel like it can be better• Use Zillow and Redfin apps to look up similar rentals in the same area, note the obviou...

Adding keywords related to your investment strategy or market locations can be updated in your settings.

The great part about this strategy is that because you are buying a small multifamily property, you can still qualify for loan products such as FHA (3.5% down) so the down payment necessary is minimal.

I'm feeling apprehensive about making a mistake and not sure where to start and really want to get specific on my strategy. 

The BRRR strategy is popular among real estate investors as it provides a way to recycle capital and maximize returns over time.

Let me know if you have any other questions on BRRRR strategies or markets! 

Courses include:Real Estate Rookie - with Ashley Kerr & Tyler MaddenBRRRR Strategy - with Henry WashingtonMastering Multifamily - with Matt Faircloth and Justin FraserDon't miss out!

I asked a bunch of institutional operators about their strategies.