What does everyone think about Airbnb latest release, I was on the zoom meeting and am wondering what % my listings will be at with there new % ratings, some people will not be happy with where there % ends up.We will see the impact of what the % does...

The large scale BRRR can be tricky, but having a JV from the start will help.My clients down in GA are doing well with a BRRR centered strategy, but focused on one, or both of these things to cash flow quickly:1) 2-4 unit properties2) Section 8In most lending circles, your 2-4 units are going to be classified in the same category as a SFH, so to rehab a hand full of those, you don't take the same kind of rate hit as the 5+ unit properties, but you also don't have the same kind of "experience" issues as you do with larger developments.

Do you mind sharing the name of your property management company and a list of their fee's (monthly fee, repair rates, cost to find tenants, lease renewal, etc.)?

I'm a good 20 years from retirement, but I'm using this strategy right now, and then if rates come down at some point and I can do a cash out and maintain cashflow I'll consider it.

Pros I can think of: - higher rent rates (renting by the room) - saving cost and time on upgrade - easier advertising Cons I can think of: - high turnovers  - limited screening - possible wear and tear  

Would you leave it as a floating rate, hoping the rate goes down?

Loan rate/terms get complex once you hit that 5+ unit property, so you'll ideally want to work with someone who can help on both sides of your plan.I'd also consider MTR as an option for a $70K property.

This can affects a lender’s credit rating.

i would be purchasing the property with an FHA loan. and im also looking for solid cashflow + long term holding I think house hacking is great way to get started, especially here in SC so you can take advantage of the lower tax rate.

Wait for first few fed rate cuts and refinance to purchase the next property, and onwards.