If you choose to buy during this frenzy you will likely overpay for the asset and as vacancies increase you run the risk of entering negative territory.The only exception to this is affordable housing.

I think you choose correctly going into this investment segment.Regarding servicers - I have tried few, and the best in my opinion is Madison.If you would like me to share my direct contact with you please send me PM and I will be happy to assist.Eran

@Leah Roberts You have to tag people with the @ sign and choose their name from the drop down on the left for us to be notified that you replied.

But it needs a thorough good paint job, ripping out old carpet, putting new ones,  or scraping g hardwood floors etc.

Get rid of the tenant, spruce the place up with new paint then list it. 

If you choose to not renew the lease you must have a good cause for an eviction.    

Complete dress up of the exterior; Enlarged the upstairs deck with the monster views.Added a 'Margarita Bar' off the kitchen/family to take in the nightly sunsets.Remodeled two bathrooms, some new wood flooring, new paint throughout.What was the outcome?

I wonder why someone would choose a regular refinance over HELOs. 

There are a lot of homes that need a lot of work so it would be done within a year to a year and a half, new paint, new appliances, cabinets, flooring, etc.So what y’all are saying is I would need to make the LTV go up by 20-30% to be worth it?

Hi @Mike Zipf, with your software back ground you may find this site helpful: http://insideairbnb.com/get-the-data.htmlAirdna is a good company but can be expensive depending on the tool you choose to use.