This 4plex is in a class C or D neighborhood (not exactly sure which) but my realtor and I saw the potential in it due to the cash flow/COC numbers we calculated and the fact it had a ton of work done to it in 2017 to get it to decent shape (all new electrical, furnaces, HWHs, renovated apartments, new roof, all doors and windows, etc.) 

Purchase price: $245,000 Cash invested: $58,000 House Hack What made you interested in investing in this type of deal?

If so, what is the best business loan strategy (ala VA-backed cash-out refinance loan with new terms or VA construction loan, etc.)? 

The Operator ensures that the property is well-maintained, leased up, and generating steady cash flow.Key Traits:- Practical and systems-oriented- Risk-averse- Steady and reliable- Skilled in property management and operations4.

Look into the average over the last couple years for your properties.2) Cash flow.

A popular strategy to execute the BRRRR method is purchase the property using a fix & flip loan and then do a cash out refi into a DSCR loan to recoup your equity. 

The house will cash flow but the property comes with a great newly built barn with a slab and all.Now when my brother and I both left for college my parents had no use for a golf simulator that we had in our garage so they offered for me to use it at a property.This would for sure add a lot of value to bookings but I cant decide if the $50 - $100 a night or so increase (just a estimate) is a better option than spending the 40-60k to turn the barn into an ADU / separate dwelling to add cash flow and equity to the property. 

In an expensive market like CA cash flow at 4% could be great if the other metrics were solid.

Purchase price: $196,000 Cash invested: $5,000 Single family home in North Charleston, SC I built when I was in the Navy.

Cash flow was immediate, and I’m clearing over $2k per month net profit.