If your estimated rent from a property pays off the Mortgage + Maintenance + Property Tax + Insurance.

Properties in or near these cultural zones can be prime for short-term rentals or Airbnb.3.

Some manufacturered companies treat it as personal property not real property.

Does anyone know how insurance companies evaluate these properties and whether or not real value can be realized for insurance for renovation? 

Hello, we are just starting out our investment journey. we have one STR property and 1 LT property and I want to gain more knowledge of it. 

Congrats on your cash-flowing property in Chicago! 

Joining BiggerPockets is a fantastic first step – it’s where so many great real estate journeys start.

Your property management company can help once you own the property but up until then you need someone good on your side!!! 

I just listed my last property for sale, a fourplex in Pocatello, because now I focus more on commercial RE and syndications to be a true passive investor and not deal with tenants and repairs.

While algorithms can analyze data at scale, real estate isn’t just about numbers—it’s about nuances and the most important component of real estate is understanding its value, and that to me (maybe I am old school) but can only be done by physically visiting and walking the property.So for me, factors like local market conditions, property inspections, and borrower credibility can’t be fully captured in a formula.