If I just go by AirDNA, the difference is not much in annual revenues.Thanks,AnkurA pool will get you on average $75-100/night in addition to normal rates (I think this number is dropping due to additional saturation of pool cabins).  

Speaking with one of our attorneys she mentioned the largest area of defaults she has seen is in SS space as it got over saturated in some markets and rent appreciation has not been as advertised.

Have you talked with a lender on the plan to refi your existing home?

@Brandon Ja - The standard answer here is to check with your CPA, but from my standpoint expenses that add longevity and functionality to an existing property (including adding square footage) would make that a capital expenditure that can be depreciated over time.

Thank you for your comment, yes I learned enough from BP not to take the existing tenant, knowing they pay rent lower than the market and currently not responsive at all.

Hi all - I'm struggling with what the best type of analysis to use to come up with to compare investment options and wondering if anyone could help me focus on the right metrics.I am trying to make a decision on build on an existing piece of land that I have or to buy a completely different deal.Details:- Currently own/operate a triplex that cash flows very well.

How does the PL prove that a deed of trust ever existed?

Without that existing network, I’d find out-of-state management much more challenging, and I generally wouldn’t advise OOS management for new investors who don’t have reliable local contacts.Currently, I’m in the process of transitioning my properties to a local property manager.

Unfortunately, there is a good number of illegitimate PMs and contractors in the Cleveland area, BUT quality property management does exist here.

I took a 2 bed 1 bath house and converted it into a 4 bed 2 bath within the existing floor plan (2200).