However, if you do evaluate a property as an STR, run the numbers as if it were a MTR.

The property is located in Cobble Hill/Carroll Gardens area. 

In highly touristy areas like lakes or vacation spots, an STR typically generates higher income from short stays but may not attract long-term tenants due to seasonal demand.However, if the property is in a more versatile location, such as near schools, businesses, or urban centers, it may work as an LTR, providing steady income and fewer management demands. 

This loan will qualify the property itself, without the need of all your personal documents (as mentioned above).

The person I sold it to made $40k weeks later doing nothing to the property but listing it on the MLS.All because he had more leverage.He knew I was in a tight situation financially and took advantage of me.He turned me into a motivated seller.

For the past 13 years I've been investing in and acquiring single family properties through Tax Liens and Tax Deeds.

For R&M it'll depend on the type of property, but I think 5-7% is probably a decent number.

Hi Experts, Can I buy a distressed property and rehab the property using Self directed IRA funds?

i was exploring and saw some of the neighborhoods in kyle, Tx has school ratings like 8 and brand new houses in the range of 300K with potential rents at $2200 per month so overall making them cash flow positive. howe...

The person I sold it to made $40k weeks later doing nothing to the property but listing it on the MLS.All because he had more leverage.He knew I was in a tight situation financially and took advantage of me.He turned me into a motivated seller.