The system is a fine tuned machine however and it does function very well controlling its turf.

However that is still a function of the people not the model.  

Look beyond ugly and focus on the quality of construction, functionality and life expectancy.First, make sure you do not have any structural problems.

(It's a 'C area' rental that I reluctantly took for a debt of $19,000 that a partner owed me).I just bought her a NEW stove as I found out her own stove hasn't functioned for 8 months & this weekend I am having new carpets installed.This year we even offered to quick claim the place to her for the proverbial $1 but she is just not interested??

Every property is different, and every person buying a property brings a unique viewpoint and creativity to bear on how to make that property function in a way that works to meet their goals.

Not only is the piece overly simplistic, but it is ensconced in logical fallacy and generally poor understanding of the complex nature of leverage.Secondarily, the author of this piece -- and in general, those who tend to over-simplify -- have difficulty comprehending that others have a different utility function than they do.

Most MLOs do not know or understand how to do that unless someone has trained them specifically in that function.

In Excel you compute this with the PMT function.

Now when I have the cash for a "true deal" maybe that will be different.Ultimately, to find deals, you have to talk to lots of people and perform marketing functions OR you have to pay someone to talk to lots of people and to perform marketing on your behalf.

If you pay a lot of money, you can buy a functioning STR, but your margins will be slim.