Regarding running model / proforma - simplest to create something in excel that you can adjust the numbers on.

The host has to decide what their unfair advantage in the market is going to be (location, pool, hot tub, amazing view, high-speed network, great for families, close to everything, themed house, etc) and market to that.Mike

Thank you for the fast reply.I am leaning towards it might be a bit risky to assume a refinance as an exit strategy if you are in a deal with a lot of equity tied up.Definitely Valdut, its always good to know all options and pick the option which allows for the best execution is speed, pricing, terms, and the right product for the given situation (rehab, acquisition, long term cashflow, construction, or interim, bridge, etc). 

BP members make a donation to aheroshome.org and they get me for a half an hour to talk shop.. if its something I am not really up to speed on I let them know they can still donate but I may not be the best person for advice..

I thought this calculator auto-calculated the monthly payment I see now that it didn't and I adjusted it to be around 3.7k and now it is making around $600 a month which seems more reasonable.

All we can do in constantly moving housing market is stay up to speed with your research on future markets. 

Balancing speed with quality is key to maximizing profitability.

Learning to adjust away from my overly conservative mindset. 

I’m going through my private adjuster so is making the claim go slower than wanted.

Regularly review financials, adjust pricing, and focus on guest experience.