Food for thought ...

As for savings even with a full time job making $12/hr and living in the cheapest 2 bdrm apt. i can find (I have a wife and son) i barely am able to afford bills and food/necessities.  

Look at the airline industry or fast food or cell phones for example.

If the deal is AMAZING- well below market rate/food equity OR great cash flow such as 2% rule or above, then a formal inspection is less of an issue because there’s enough margin to cover big expenses that might come up.

I appreciate your perspective as an STR investor in Anchorage and your points definitely give me some food for thought.

Hi Jennie,That's some awesome info and food for thought for when moving forward with add ons.

Just some food for thought and something for everyone to look into.  

Will the contractor have to do other jobs simultaneously in order to keep food on his table? 

Job insecure, food, medicine, transportation insecure ~ and the first thing they need to give up is rent in times of crisis.  

For now, it's better for me to live downtown where all the action is (investors, capital, startups, food, entertainment, walkability).