You could make it a retiree area, however, it would need to be close to major hospitals and other amenities that attract the retiree community and being off the beaten track, that may be out of reach.

@Caroline K.You're welcome.When you mentioned that the decent price would depend on a lot of factors, I assume that you were alluding to things like size, location or amenities.

If you truly have the best house after your rehab in that range, type, style, amenities, etc. then by all means see what you can get, work with the appraiser and see if he has room for adjustments that he feels are justified, just don't ***** about it if it;s lower and he doesn't see things in the same light as you do.

Amen to that everyone who's first word is to contact a lawyer has never been down the road and gotten billed by the hour.. :) and or had to send in the 5k retainer and watch it erode kind of like a snow cone melting in texas summer heat.

FMR is determined by HUD to each MSA (metro area) according to size and amenities, all PHAs receive FMR directives as well as Section 8 administrators as Sec 8 is separate from PHA activities.

Consider factors such as location, amenities, and market demand.Run the Numbers: Calculate your potential cash flow by subtracting your mortgage payment, property taxes, insurance, and maintenance expenses from the expected rental income.

Strategies to improve your occupancy rate include optimizing your pricing, targeting the right guest demographics, upgrading amenities based on market demand, gathering positive reviews, etc.The DataSo for our analysis, we've peeked into the data here in Austin, TX using a leading short-term rental (STR) data and analytics provider called AirDNA.

There are also a lot of outdoor activities, shows, and other city amenities.

You need to cross reference Airbnb comparable properties in that market using their reviews, offered amenities, occupancy rates, nightly rates and their offering.

Pay attention to places that have access to amenities, top-notch schools, and job hubs.Value-Added Opportunities: Look for homes that might benefit from upgrades or renovations to raise the value and rental revenue.