The theme music to this thread should really be "I'm Just Ken."

Then, the model analyzes how each unique set of amenities impacts the slight differences in ADR, Occupancy, or revenue (as estimated by Airdna).

Hi Account Closed,Purchasing a pre-construction condo in Miami for the purpose of short-term rentals (STR) is a lucrative one given Miami's unique position in the global real estate market.

And most unique houses like hers sold between $1.5M and $2.5M. 

Condos are also unique because each condo is different from another, so the strategy is really building by building, and there are buildings which match each of the options you listed above.June 2024 showed clearly the increase (and rush to sell) of inventory, that for 90% is driven by older buildings (40 years+).  

There are a couple air bnbs that seem to do okay but there is nothing unique about them.What I'm asking for is help/thoughts/ideas with this:1. 

I asked this very question to former head legal counsel of well-known title company here in CA.His answer: “It depends.”That was helpful.As the prior poster indicated, each of these cases are unique and have their own facts and circumstances.

Some lenders offer unique solutions and programs for your specific situation.

Personally, I would only purchase for STR right now on either very unique/special properties or on those that also work out as LTR.I am a licensed REALTOR who is investor focused.

They don't always account for differences in finishes, location nuances, or other unique property features.