I’m in the market for a short term rental near campus.

I am an investor friendly agent here in the Atlanta area and have great relationships with wholesellers and off market opportunities.

But you need to know your market.

Does anyone have a good resource for some sort of turnaround plan or success plan they have put together as essentially a business plan for a multifamily property?

Hi @Gio Franco We have a lot of owners in my market of Chicago that buy a condo and get a roommate(s).

That money is much better spent on marketing for your first deal.

Its not terrible to ask that of STR - esp. if you are in a market that is more "utilitarian" and they likely arn't around all day; even in vacation rentals they go out and about for chunks of the day. 

At some point, either after a 3-5 year single tenant stay or after x number of tenants, you do have to spend a decent amount of funds to keep a property looking "fresh" enough to get +95% of market rent..

Have you seller-financed on-market properties? 

Although rents were below market, it was a stabilized asset, fully marketed for sale.