You'll be in the red after accounting for vacancy, repairs, CapEx, management, taxes, and insurance.With a BRRRR you can push to 75% of ARV, if the deal is otherwise solid.Don't get hung up on what percentage of the asking price you're offering.

I would think that areas with larger than average amount of STRs would be at greater risk of RE depreciation than areas with a smaller percentage of STR properties.The one item that, more than any other item, has made investing in San Diego RE (appreciation) a smart investment is IMO almost certainly not going to be present in the short term.

An attorney can help you think through such things as:The percentage of ownership of each partnerHow profits and losses will be allocatedA decision making process – As I mentioned earlier, this is especially critical because each partner is able to bind the partnership in a contract making each partner personally responsible for that obligation.What happens in the event of a partner’s deathHow disputes will be resolved – This is another critical piece.

Often times these restrictions include only allowing a small percentage of rentals or in some cases restrictions on what can occupy a space when it’s a mixed use community.

Also if you are a disabled veteran, I think any percentage TX gives a discount on property taxes.

Percentages are more important than actual numbers here.  

Some want to see additional reserves or they will discount your income by a certain percentage. 

There are still concerns that FHFA's refusal to help bear some of the harm that its policies are inflicting on mortgage servicers will continue to restrict funding available to home buyers and evaporate a meaningful percentage of demand.

Every state is impacted but glad to see that Texas is on the lower end of the spectrum.Comparing each state’s average weekly jobless claims totals over the last three weeks to the week before shutdowns started occurring, reveals the top states showing the largest percentage spike in unemployment benefit applicationshttps://l.facebook.com/l.php?

What would you say the percentage of CPAs out there are familiar with REI and using these strategies?