Our STR/MTR portfolio typically sees around 80% occupancy, and I’ve noticed that the online travel booking sites often push properties with consistently great guest experiences.

Together, we can help communities not just recover, but thrive. 💪 what's this have to do with new construction and development? 

Any help appreciated!

Also, if you buy using a hard money lender or cash, Zach Starnes can do re-fi's off the appraised value shorter than the typical 6mos and then you might not need any money down if you buy at the right price.

It is a great deal for the silent investor as they typically make 50% - 100% COC in less than a year.

This might be typical in your market, but it’s worth confirming to avoid unexpected costs.

I am looking for some help and advice on whether or not this property seems like a smart first investment. 

I am not a lender, I'm an investor that typically buys major city-center multifamily. 

Just approach everyone with your business potential and they’ll typically help you out.

The purchase to cash flow ratio is much higher than majority of the states in the US but again not the only states.If you need any help or want to talk more REI feel free to reach out I have done a ton of business in both states and can walk you through pretty much anything.