Those jars/bottles can still get gross, and it ends up another item in a long list that you have to keep up with. 

It does very well and should end the year right between 60-70K gross rev with great occupancy. 

95% occupied sorryPersonally I don't count the POH rent towards the NOI because my lenders won't either.30 occupied at $450 = $162,000 gross incomeAssuming a 40% expense ration your NOI would be $97,200If you wanted to buy at a 9 cap you'd be at $1,080,000Definitely check my math but I'd try to pay around $1 million for this.

For instance, the below cute Airbnb between Denver and Breckenridge is projected by AirDNA to make $55k but is actually pulling $85k.Likewise, the below client's short-term rental in the mountains west of Colorado Springs is grossing double their competition.If you go it yourself, I agree with @Patricia Andriolo-Bull.

California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.

Each STR property I acquire must meet two financial benchmarks: a gross rent multiplier (GRM) of 5 or less [Property value divided by projected income must equal 5 of less], and compliance with the 1% rule as LTR, which serves as a backup if regulations shift or if there's a decline in STR income.

At $1250/unit/mo and 24 units, we're looking at gross income of $360K.

He buys nice homes (700k range and adds ADUs to them for around 100-120k) All in he's at 800k and he will generate between 6-7k/month in gross rent which usually nets him around 1k/month in true cash flow. 

Are you able to answer my question about the gross part? 

I have a huge personal mortgage (P,I,T,I) that currently takes up around anywhere from 25%-38% DTI depending on how you calculate gross income.