@Zach Bollman,You did not mention the exact location in your original post and some expenses are location-specific.Here are a few additional thoughts:CapEx reserves are usually set to $250-300/year/unit for large properties.

Hey everyone,The story for this post is a little craxy but heres the gist of it:I rented out a Airbnb in late June at this large home in South Jersey.

If this is your first time doing a deal, I would STRONGLY recommend taking on a smaller project first to get some experience before tackling something this large.

Traditionally, beach towns generate money and tourism due to the beach, if polution is such a large concern how would this impact IB?

I happened to be on Redfin and Zillow this morning and was just punching in random large cities to see what their markets looked like.

, mainly from large family groups coming from Seattle.

I think that claims should only be submitted if they are large enough to justify submitting it.

However, I've called a range of lenders (banks), small and large, and so far none of them are willing to issue a Line of Credit for non owner occupied investment properties.

My name is Matt and I currently work in real estate investment banking in NYC (Think M&A and underwriting for REITs, large PE firms etc.).

@mindyjensen it's frustrating to spend time on a post from a mobile device only to see it formatted in a blob like seen above.