How to Determine Public Interest in my Future Airbnb

[Alec Dressler]

Hello Everyone! To give some context before my questions to everyone, here's a little about me and where I'm at in my investment journey. I've been listening to the real estate rookie podcast and others like it for over a year now. I'm a young investor with big ambitions and ideas about getting into rentals. Over the summer my wife and I bought our first condo with the idea of renting it out later on down the road and kicking off our investment journey.

However, recently I have discovered a small cabin about an hour outside of Salt Lake City on roughly 2 acres of land for sale. The property is off grid, but already set up with solar and a compost toilet and things of that nature. Without taking a proper tour of the cabin and only driving by and seeing pictures of the inside. It looks just about ready to be rented on Airbnb right away. It's a little remote, however, the community seems to be new and growing and there are other houses and developments going up near by. There aren't too many other cabins like it in the area on Airbnb to compare it to. It's very unique and I think would be attractive to guests looking for a comfortable get away in the mountains. 

So now come my questions. It's not too expensive however, after buying our condo in the summer we are lacking the capital to go in on it by ourselves. I don't want the opportunity to pass so I'm reaching out to family and friends who would potentially want to invest too. Does anyone have any tips or software tools to help give estimates on pricing and the potential occupancy of the rental? (I have tried AirDNA's free version and have gotten a rough estimate on revenue) Or any other ways to get a solid idea of the potential of the property to show to our potential investors? Plus any other advice would be greatly appreciated as this is all still very new to me! 

Thank you all,

Alec