Since margins are tighter now in the flip game and properties are sitting for longer, you want to be accurate in what you're estimating.Hope this helps brother, keep going.

Hey @Cody Christopher, I have never used them, but would you list at the same nightly rate as on VRBO and AirBNB to maintain your margins?

Here are some options: 1) Attend the local RE Investing Meetup in your area (or contact the host of that meetup) and ask if there are any private lenders. 2) Consider using a hard money loan. 3) If you have a 401(k), you can borrow against that. 4) If you have after-tax brokerage stock accounts, you can take a margin loan and repay it.I'm sure there are more, but hopefully this is a good start to the discussion - look forward to seeing what others suggest. 

I had one like this before also, where the margins where so slim that it would lose money most months.

You can create more equity faster with MF vs SFRs (Although, I don't know your margins on SFRs)3.

Otherwise, if you don't leave anything for them and make a massive margin that is almost larger than there's you can get into some trouble with your reputation for being unethical. 

Hard money lenders will accept other assets as collateral, such as a car or stock portfolio.Above all else, if you plan on repairing a property before renting it out, hard money loans will help you pay for the cost.Investors that expect to generate a relatively wide profit margin might find these benefits worthwhile, even if the interest rates on hard money loans are higher than with other types of funds.Good Luck!

It takes a special kind of person to be this opportunistic and it is highly unlikely that the benefits from installing non-coin operated laundry in an apartment (better quality tenant) will not outweigh the drawbacks (marginally higher water bill).You could include a clause about excessive water bill charges being divided among tenants, you could turn your apartment into a rent-a-center (not disputing that this could be/has been very profitable for Wesley), or you could look into sub-metering the units - but all of this seems a little unnecessary and could come off as predatory to a prospective tenant.I would personally be a little turned off if a landlord offered to rent me a washer or dryer.I have seen one or two properties that have been sub-metered, I don’t think that would raise any red flags with potential tenants. 

It could be that prices have to come down dramatically in order for profit margins to decompress.

And as new small independent landlords, our margins were already thin so we decided to develop our own systems for finding tenants, pricing units appropriately, handling maintenance requests, collecting rent, and tracking finances.