I'm evaluating a property near Yosemite National Park in California that currently sits on a 40 acre parcel.

Due diligence (what you should evaluate before you buy)?

For this example, we evaluated the numbers on a monthly basis, however, to obtain the best results, I always recommend evaluating numbers on an annual basis.

I’ve already made some calculated evaluations in terms of the expected operating expenses, the mortgage, closing costs, and a 20% down payment. 

That is not a reason not to make changes, just something to put in the evaluation.

The key evaluation data points for STR investors are accurate records of rental income and occupancy and/or projections from local mangers and online tools.

I dont invest in what ifs either unless I have evaluated the situation.

Evaluate market conditions closer to your next move to optimize the timing for a 1031 exchange.HELOC for Investments: Utilizing a HELOC could provide funds for a down payment on an Airbnb or potential flip.

Hmmm.We run a detailed evaluation of each scenario and find that most house flippers only estimate their final profit and don’t know all their true costs.

Hey everyone hope your enjoying your fourth of July! For some background my firm's bread and butter is acquiring single-family flips and small multi-family opportunities for investors. I was brought an 8 unit property...