Using them as executive corp rentals:

$3K/mo, 74 units, 50% vacancy rate* = $1.6M per year.

So you'd need to do better than this, or come in w/a lot of equity.

-Russ H.

*Short term corp rentals typically have quite high vacancy rates, unless they're in markets like Manhattan or Honk Kong (or other micro-areas where demand far outpaces supply).

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