Shifting to Northwest Indiana sounds like a great move, and your BRRRR strategy is a solid approach for scaling.

Remember, not all off-plan deals are created equal, and the right approach takes experience, research, and the ability to think long-term.

I agree with the "it depends" approach when it comes to determining reserves, but generally, it should align with the age and anticipated maintenance needs of the property.For example, we have a duplex built in 2003 with the original AC units and roof.

Other than the costs of setting up the STR PM business itself, there are relatively few costs to the PM for taking on a new property.An MTR operator is usually approaching LTR owner with a proposal: to rent their unit at the advertised rate as a long-term tenant.

Also, try to find similar rental units in the same neighborhood to compare to so you have more of a rent range/conservative approach. 

Good Afternoon, I am approaching my loan seasoning timeframe and I'm getting ready to Refinance and get a lower rate using the IRRRL.

While this approach ensures more reliable tenants, it also limits the pool of prospective renters, making it challenging for individuals with less conventional financial profiles to secure housing.Given these challenges, I have decided to exit the Ontario rental market.

The beauty of this approach, is that she manages the exact way I want my properties to be managed.  

We're now dancing around the 6000 total single family homes available which swings up as the weekends approach and new homes hit the market and retract below 6000 homes after the weekend and homes go under contract.There was a 3.2% increase in active listings from August to September, slightly lower than the June to July increase.

HOWEVER I just met someone from PadSplit, and partnering with a company that specializes in that could be a really great approach.