To reiterate, Effective [Date], the monthly rent for your unit will be increased from [Old Rent] to [New Rent].To make this easier, we will throw in free high-speed internet as part of the deal moving forward.If you have any questions or concerns regarding this change, please do not hesitate to contact me at [Your Phone Number] or [Your Email Address].

At high LTV, you need a ~1% ratio in my market with the current rates to be cash neutral if properly allocating for expenses.  

The high HOA's in highrises normally kill cash flow.

It is a 4bed 3bath 3200sqft $1.2m custom homeBenefits- no HOA or rules restricting STR -1mile (walkable) from historic downtown or from the Rock park-house has nice views and is pretty secluded from neighbors and feels private-assumable loan with much lower than market paymentDraw backs- high price -no comps, new house in older neighborhood.

There are lenders that will allow up to high combined loan to values for helocs and/or second mortgages. 

If you're in an area where the scam potential is high, you want to be careful.

If the concentration of these near your location is high, then we would consider the area viable.

I ended up getting in during a high interest rate at 7.5%.

You are going to privately lend an investor on this deal and you will offer them 85%/100% at 10.99%. 

If you have the time, offer to work/intern for s big investor, that would be a huge way to get started.