@Peter Woerner the last refi I did was a no closing cost loan.

Finally, most people I've met in the country (and elsewhere) who love to stay in short-term rentals and dislike all-inclusive generally dislike Punta Cana.Of course, it's another story if you buy (partly) for lifestyle purposes, as you might just be happy enjoying your property and covering your costs.

The second tenant stopped paying and it took me 4 months to get them evicted and more turnaround cost. 

What if the $2,600 sewer repair actually should have cost $4,300?

One owner is looking to exit to middle to high sevens on yield on cost.Cap exits are high 5’s, low 6’s for some Class A product.Turnover cost projections should escalate: $500 first year, $850 second year, $1000 third year.Consolidation and density of BFR assets can be an issue for insurance companies.

It costs about $200.

Fire suppression, fire walls needed, Sewer/Water/bathrooms/electical breakout, etc  Determine cost effectiveness.  

@Asma Shah please don't tell us you dropped a few thousand on a S8 guru program!

Financially we could cover the cost of the homes sitting vacant after we move if we do not find renters right away. 

This deal highlighted our strategy of cost-effective renovations, quick execution, and efficient project management.