The top chart below quickly shows you what the renovated, avg and distressed homes sell for in that area on a $/sf basis over time, so if you are estimating way over the top line, you instantly know something is off, maybe you have an outlier comp on your hands, etc.It doesn't have STR data, because any STR we build must also pencil as a LTR to avoid being upside down if it doesn't workout, so we use normal residential lease data when underwriting our rentals.As for forecasts on the market, I don't do any aside from the current Q trending % at the footer of the charts, and it's really just the current Q's average data/performance held constant and applied to the rest of the quarter (since not fully done with Q yet).

Some people are looking for an instant deal by doing employee level work.

I instantly researched them and have only read positive things.

I've always found the folks that run these kind of investments to be superb communicators up until the instant they start having problems.  

You won’t be able to unlock instant equity or recycle your capital into new deals, but your high W-2 income (and side income!)

Quote from @Julia Lyrberg: If you pay cash, you'll own it free and clear, which means instant cash flow and no mortgage to worry about.

Unless you somehow manage to increase the ARV of the properties by like 50% each, within a month of purchase or something, and then instantly refinance and move on to the next one, which also appraises 50% higher than purchase almost instantaneously, allowing you to keep the refinance-out train chugging along, I just don't see how this pencils out.Can someone who has a better eye for these things spell this out for me? 

The COVID bonus pay days are over so what they can afford to pay is really down from the height of the pandemic.

He said they acquire most houses for around 5K do they make instant money.

If I have instant equity in the deal would that be something of value for the investor?