The market in the area seems pretty competitive with some nice apartments costing around 2,000 for rent so I am considering renting it out for cheaper maybe 1.8/1.9 so it doesn’t sit too long on the market.

For all three clients the emphasis was on a second family vacation home with the ability to offset costs through STR.

Do you think the cost of the build will work out as you expect?

Have you considered the added cost for this restriction?

Specifically, I'm thinking about getting properties which ideally satisfy the 2% rule or at least are significantly above the 1% rule (ratio of monthly rent to purchase price + renovation cost).Given these goals and the fact that my constraints, I have the following questions:a) Which markets are best to look at ?

Anyone who works remote or online or does low skill manual labor.

Requires the tenant to pay the landlord's attorney's fees or costs that are incurred in any legal action or dispute arising under the rental agreement.This is the illegal provision that I see the most often when reviewing rental agreements.

If you are doing delayed financing the loan would be based on LTC (loan to cost) and you would be getting purchase rates.

Do you know how to evaluate repair costs so you know what offer?

Recently we've found seller(s) to be increasingly receptive to concessions of up to $20k towards buyer(s) closings costs.