never purchased a deal that wasn't double digits COC. 

I'd also get security cameras in the property stat!

I have seen some go 10-001 but the starting digit follows that "code" in Accounting from where I have been and learned. 

For anything over 30 years, make sure you camera the sewer pipes, especially if they are cast iron or clay, as they are liable to collapse.

In his presentations he gets into the nitty gritty of economic cycles etc.. so in San Jose with all those engineers they really dig it :)... from my perspective most HML like him have really seen it all...

When self-managing an out of state STR (without a local PM), I get that a lot of things can be automated now (cleanings, locks, cameras, payments, bookings, etc).

Hospitable(messaging), Pricelabs(pricing tool), Stayfi(capture guests emails), touchstay(guidebook), ring outdoor camera

We have a Nest thermostat to monitor the temperature, a Ring floodlight that covers the entrance door and a digital lock that I can change to code for the door.

Here are some of the types of properties that we find work the best...Purchase: $80k-$130kRent: $1200-$1500ROI: 10-14%Cash flow: $250-$350/doorAppreciation: Double digit (for past 10 years, will gladly send data)Location: C, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, mortgage, Amazon fulfillment, and more jobs.The bad reputation comes from OOS investors wanting $20k D market properties.

I am wanting to install a security system with cameras and entry sensors during the rehab process in order to deter break-ins and squatters.