Is FHA a complete waste of time in this area vs. conventional financing?

But since J properties generally depreciate over time (not like properties back home which appreciate), the idea of sinking cash into a property that is worth less five years from now is not terribly appealing.Like you say, then the question is what sort of yield can you get, and will it cover the deprication losses?

A lot of the STR management companies have contracts with companies to house their employees when they travel for extended periods of time.

During the time we lived there we made some minor upgrades/repairs- renovated upstairs bathroom, replaced carpet on 1st floor with LVP flooring, added artificial turf to the backyard, replaced pool pump, and replaced the HVAC system.

The neighborhoods where the numbers look crazy (25%+ cash on cash returns for buy and holds) come with an enormous amount of risks. if you have the right team in place you can succeed but it will require quite a lot of time and effort.

Not so much due to the higher rates and financing but they are getting tired of the extremes from both the government impact, Covid and renters.2024 I think will be an exciting time for investing, the same as 2023 was.

We've seen seller financing come back in a big way, and I think it will continue as debt continues to be challenging.Syndication, raising capital for less experienced operators, and those who have challenging deals, will be more difficult in this part of the cycle.What tools/strategies are you using to close deals today?

No credit score by itself is not necessarily an issue, but it creates a big hole in the information puzzle.

I started spending a lot of time researching new rental markets for myself and recently came across Parma, OH.

We've seen seller financing come back in a big way, and I think it will continue as debt continues to be challenging.Syndication, raising capital for less experienced operators, and those who have challenging deals, will be more difficult in this part of the cycle.What tools/strategies are you using to close deals today?