I advise clients not to solely rely on AirDNA data for performance analysis as there can be some variation based on amenities such as hot tubs, premium decor and design and general operational excellence. 

Hi all,I’m just getting my feet wet with Real Estate investing and currently taking online courses on the investment process, principles of calculating returns, performing market analysis, analyzing cash flows and the different types of investment opportunities.

Typically reno scope/rents/insurance/etc. are very market-specific, so building your analysis muscle for your chosen market is important so that you go in with the best possible chance to make an educated choice on purchasing.

Analysis paralysis 

I do a weekly "live deal analysis" on my Facebook page if you are interested, it's public so you can view it without friending me.

Same goes for DSCR loans - even if theyre not on your credit report, if you PG'd the loan (which is almost always the case), it will be included unless there is a justification to exclude it (such as it's been paid by your entity for at least 12 months and is included in a business cashflow analysis).If you're finding good deals and have cash for downpayments, but are hitting DTI roadblocks to acquire more properties, then DSCR loans are likely the answer.

Don't get stuck in analysis paralysis.Happy to answer any questions & share some experiences as an out of state investor. 

Richard's teachings on market analysis, property evaluation, and risk assessment have given me a competitive advantage in the real estate market and I am very grateful for that.

While there were no major challenges, the deal emphasized the value of thorough market analysis and timing to maximize profits without the need for renovations.

You need to do a needs analysis of the local area.