I believe there’s always a deal to be made but one must have the necessary tools and most of the time those tools are Individuals with Experience.

From what I can tell, all the material and tools you need for investing out of state are provided and I have heard multiple success stories from it within it's first year being live.

However, smaller properties tend to have asking prices influenced by factors like local demand or future appreciation potential, not just rental income.If you're finding that the numbers from the cap rate approach are consistently coming up lower than the asking price, it may be because the market value is being driven by different factors, especially in a competitive or appreciating area.I’d recommend using comparable sales as your primary tool while keeping the income approach in the back of your mind to avoid overpaying.

Hi Chris, no feed back re this specific tool. 

Thoroughly analyze deals using tools like BiggerPockets Rental Property Calculator to ensure property cash flows align with your goals.

Can't decide which is better so I'd love to connect with anyone who has used one or both of these tools to figure out what they liked/disliked etc.

BP has various tools to help you analyze your deals (rentals, flips, wholesale, etc). : https://www.biggerpockets.com/investment-calculators7.

If you don't have the tools to pull a proper market analysis, they are likely your best word of advice.

You would need to choose between what is more important.... owning the listing or owning a STR that is dominating the market it's located in, by maximizing the tools available to manage the property.

Pricelabs Market Dashboard is a great tool to see rents and find MTR comps on Airbnb quickly