To my surprise, the listing agent told my agent that the homeowner was just trying to get asking price, so I quickly told him let's do it and we offered him an even $750k CASH (I have this liquid and was not doing any type of financing whatsoever).

There are 2 types of people who dog on Detroit.. 1.

So the low interest rate environment dovetailed with "good but not great" demand has kept new inventory low and absorption of any new product very healthy.Turns out Rochester is not the only market in the US that has not fallen victim to the headline numbers.

If you are in a closed-end fund and relying on "pref", "Class A" or other distribution type you may be in for a rude awakening with some operators (again, the devil is in the details, aka the OM/PPM).

There are ways to structure different DSCR products to eliminate UW fees and origination costs or wrap them into the loan. 

Try to match your house to your pool then you will see a serious revenue increase.i would say there are 2 types of travelers.1 - yes, they want the lifetime experience and not stay in a regular home2 - they are getting the lifetime experience in the parks, and want to stay at a place that can hold the people but on a better budget, especially with the price of park tickets. 

You could go to a fourplex with 0% down with the VA loan. the VA loan is the most powerful house hacking loan product on the market right now. 

What made you interested in investing in this type of deal?

I had this conversation with many brokers, they only see risk/liability from these types of transactions. 

This is awesome Ben and when done right, is the type of investing that creates stronger and better communities.