Not a ton of value-add opportunity, more of a core+ investment in a very small market I'm familiar with - my initial analysis is yielding a 14% IRR & 1.28 EM, so I'm not sure of the attractiveness to investors.

Once that's covered, you can go all-in on those fabulous renovations.Effective marketing plays a pivotal role in attracting tenants and increasing property appeal.

It's very unique and I think would be attractive to guests looking for a comfortable get away in the mountains. 

There are a couple REIAs in the Tri-State area, but none of them are backed by the power of BP and the incredible people that it tends to attract.

I am under contract for a 3 family home w a very unique set up. 2- 1 bedroom apartments and 3 and 4th duplex which has 5 bedrooms but only 1 bathroom this home is 8 min from Brown University in RI and 10 min from Johnson Wales. (6miles)Do u think its close enough to attract college students especially the duplex? 

You can go as low as 2.5x in some cases but NJ tends to produce enough traffic/applicants where 3x should be minimum unless property is over priced.

When I had my B&Bs we also included local restaurants and attractions in the packet of information which you might want for a STR.

It's not easy, but all successful agents operate like a business with daily tasks to attract leads and follow through on those leads.

Our efficient project management and marketing highlighted the home’s transformation, attracting buyers quickly.

If let it get outdated and go into disrepair, well, that will dictate the clientele we can attract right.