A 1% rent-to-value ratio seems like a pipe dream as properties are operating at half a percent or worse, mirroring markets like Hawaii and California. 100% agreed mate,Much harder nowadays.Got to dig more and role up the sleeves.I've always believed the deals are out there if one looks hard enough.Just negotiating on to probates as I type this.$120,000 - $140,000 ARV'sTrying to pick up for $50,000 each.Decent condition and might need $20,000 cosmetic.Rent $1,500 - $1,700.Granted, I have the luxury of market knowledge, cash to close, remote workers and solid lists.Definitely not falling of tree's like 10+ years ago but still plenty of deals to be had.$1m in cash and someone that is willing to work the market hard for 2-3 years can retire off the income if investing in the Midwest.Just my opinion 🙏 

Everyone needs a role and lane to drive in.

I worked for a family office in an acquisitions role specializing in sale-leaseback transactions.

My role would be to manage all property improvements and operations.I am seeking expert advice on the viability of this financing model, specific borrower requirements, and potential lenders who might be interested in such partnerships.Your insights and recommendations would be greatly appreciated.

If you do go that route, be careful not to hold yourself out as the GP, or at least clearly explain the roll you played because there are quite a few GP's in hot water right now who at the minimum were intentionally vague about their roles creating the perception they have a track record that doesn't align with reality.

Or see if you can find someone in his circle that he values and respect to serve the same role.

Both are terrible advice for MTRs as this space is becoming hyper competitive in most markets and the bar has been raised significantly by STR owners pivoting to the MTR space.

that may also play a role in your decision.  

It's your job to know the role of the game pieces and position them on the board in a way that most suits your bottom line. 

They will help give you the lay of the land in that market and give you an idea of what you can expect and if they are a good agent they will let you know if your expectations are unrealistic for that market. 2) An agent in the market you are interested can recommend you to some and you would want to interview them once you get past the inspection period and closer to closing. 3) That would be the role of your agent.