They're WONDERFUL for cheap cooling and beautiful for heat at 30 degrees and higher, but most have told me even the brand new ones struggle below 10 degrees and they cost more to run than old fashioned electric below a certain temp.

Thank You @Jeremy England,The numbers are legit they are lower income section 8 properties some of which are beautifully recently remodeled.

I've been visiting friends in Oroville lately and the downtown is adorable - there are some beautiful homes there! 

The secondary market (or even portfolio lenders who hold the loans) have to perceive some extra risk in relying solely on DSCR rather than the borrower's personal DTI (the main beauty of commercial/hard money lending to this point). 

It is a beautiful 15 acres with direct county road access! 

With the recent shifts in policies towards remote work among many of Seattle's biggest tech employers, it seems that there might be a bigger opportunity going forward to offer furnished rentals that really cater to "digital nomads" looking to work in beautiful/interesting locations (with high-speed, dependable internet, a good work station, and probably other amenities). 

It's a beautiful thing when done correctly.

Purchase price: $590,000 Cash invested: $52,000 - Plan to live in 1 unit for a year and turn the other 2 units into short-term rentals by 15 March 2023- Currently under cosmetic renovation and stocking short-term rental necessities- Projected Cash Flow first year: $299/mo- Projected Cash Flow after 1 year: $1,549/mo- Has a beautiful mural of cats on the front Lessons learned?

I would also like to state that it was only lately sent by the city, after a year of flipping this mini piece of sh#% property that all the neighbors around it (with really beautiful expensive houses) have suffered for a very long while from it, for being crazy neglected having 3 drug dealers living on the property ... 7 non paying tenants and poor looking place in general... so they waited a year seeing how I cleaned it up, renovated the apartments and beautified it in general. 

Beautiful area and great place to invest in.