That was why, two weeks after signing in advance a PM Contract that I thought would Start June 1st, I wanted to back out.In my 12 years of real estate and working with Property management companies, going with this Company in Poconos, PA, was and is an honest mistake

From all the road shows that have come thru and I attended the first free 2-3 hour presentation, I could tell those presenters knew nothing about Texas, were flat out lying about their knowledge, and weren't going to teach the right info about Texas. 

These types of lenders will have a better idea of what is and is not a good deal. 

Hello BP,My business partner and I have been investing for ~4 years.

Every step has been a lesson and I am enjoying it immensely.

Every step has been a lesson and I am enjoying it immensely.

Hi Christopher, I'm a realtor in the area and I thought I'd run some numbers for you just to get a better picture of the risk/reward of a LTR vs STR.Currently netting $250 a month on the LTRIf you rented it as a STR on a nightly basis for $135 with an expected estimated vacancy of 56% (average for the area) that's a gross income of $21,681 less your mortgage $17,400 and less expenses such as water electric and internet of an estimated $4200 puts your annual net at $81.To make the STR profitable for the additional work you'd have to rent it for more than $135 a night and for more nights than the Nashville average of 44% occupancy. 

You can list your property at the local Housing Authority and I think some have an online database of rentals, but we've never used that. 

I believe Lessen does this but they don't cover the Northeast and I have not found a platform that assists with small multifamily (2-4 units) 

Thank you, and I appreciate any help you can give.