If you’re based in Louisville and have a good knowledge of the city, I’ll love to connect! 

Even if you bring these up to market rents they're still not great performers based on market rates. 

Other than a post or two on social media I haven't done anything else for lead generation and to build a client base.

I didn’t have the time or inclination to do the STR until we had a broad base of LTRs to help bridge the financial gap that we encounter in the slow season.  

The issue is, based on her credit report and other known info, I added all the expenses: (car payment $722, debt obligation/month $1900, rent, renters insurance, utilities, estimated grocery, living necessities, her total **essential** expenses would be at least $800 greater than her net income. 

As long as it gets approved, the overall process should be less than 120 days based on that packet. 

Covering all bases, right?

This is based on your numbers and I don't share your optimism that a 1/2/3 12 unit mix will bring in $12,000 per month there.Try to find a local partner with experience doing the building.

We purchased this house based on it being near town, but moderately rural.

Whether you're a seasoned investor or just starting out, I'd love to connect and share experiences, insights, and ideas.So, if you're based in South Florida and share a passion for real estate investing, I'd love to hear from you!