I would try to get the tenant to sign for $2400 per month for 10 months if you feel that you can fill the unit mid-August next year.

Hi @Charles Large,I think the model that you're describing is actually really good, especially if you combine it with the property being furnished and available for mid-term leases (3-11 months).You can take a look at how these guys do it: https://www.theblueground.com/They provide an all-inclusive rate, but:* the rate is variable depending on the duration (longer = cheaper)* they charge an additional $300/mo for all utilities.Another business model is this: https://www.common.com/Similar to the above, but it's actually rented on a per-bedroom basis, which allows them to further maximize the profitabilty of each unit.All of this depends on the market you're in and the demographic you're catering to, but I hope this was helpful as examples!

Renovated Mid-Century Modern Condo.

Angelenos have focused on many concerns since Covid-19 shutdowns swept through our local businesses in mid-March.

Beyond just the shear number of cases that have been backlogged over any 9 months, the past 9 months are particularly heavy in eviction processing due to the loss of jobs in many investor friendly Mid-Western and Southern markets. 

It's about 750 sq ft. and would probably be furnished and a mid-term or month-to-month set up to allow for flexibility when family is in town.I'm just starting to learn about these types of units and currently the idea of living in someone's backyard is very foreign to me coming from NYC.

Obviously you are not going to find anything for $30k down in the Bay Area, but you might still be able to find something in the Mid-west or Southeast regions as you would be looking for something in the $100k range so as not to over-leverage yourself.  

So here are my questions:Does anyone have a good investment agent that can help me find a solid deal by mid-summer?

We are expecting some foreclosures in the mid 2021, will this make a difference considering that there are also several buyers/investors waiting for that to happen so they can jump in?

My real estate goals include; developing a portfolio of small-mid sized multi family units to the point that I am able to pay for school, phase out my job, and begin tackling real estate by scaling full time.