In connected manner if part of your strategy is to reap equitable gains generally speaking a SFH investment is your best vehicle to reap such as a MFH has a primary valuation based upon revenue production which rents do not tend to swing as significantly as home values can in a supply demand situation or in a re-class situation such as flips, done correctly, focus upon. 

For example: A booking fee to cover CX/CC/Supplies/Refunds/Charge backs etc is reasonable those would add up to ~6%.

Even if you hook up with closing agents and really hussle this full-time, the amount of income you can make is minimal for the amount of cost you would have to invest - state licensing, insurance, advertising, supplies, etc. 

. • Easy access to cheap, private money • Reserves, but no working capital yet• A decent, steady income• A trusted family friend with an existing network and proven record in a good market.

Being only a buy and hold investor, the only time I have had larger chunks of cash is when I have done refinances, so a lot of time my cash supply is low and I was tired of that being the case.

Without further ado, here is what I’m looking at:IncomeGross Rent $900.00Vacancy Factor $54.00Net Rent $846.00Expenses"60% Rule" $540.00NOI $306.00Debt Servicing $262.61Net Income $43.39The constant variables for reference are: Association Fees: $220 and Property Taxes: $180.My goal to get to these numbers is a final purchase price of $65,000 after closing costs and am factoring $20,000 down @ 5.75% I’ve used 60% expenses rather than 50% to account for the Association Fees increasing, (they have been steady at about 6% per year for the past 5 years).

Locally, we haven’t had a big supply of flex industrial product, and there has been consistent demand for some time (again, COVID has dampened things a bit, unfortunately).Originally posted by @Jordan T.

I’ll check those before turning it on next time.Couple thoughts here to help next time:- If the property was winterized, all the supply lines and valves/faucets should have been left open.

Fill in the blanks by going to your local supply houses (Home Depot, Lowes, etc.) and fill in the line items to the attachment.

I think its just a result of high demand and short supply.