Lucie serves as a cautionary tale.As you celebrate this season, stay alert and ready.

There is not a lot of data for MTR comps so I look on FF to see how many MTRs are in my area and what the rate is, and I play around with AirBnb to see what  a monthly stay would cost.

I have not received any feedback regarding that, but I like to imagine it does provide a new level of coziness upon their stay. 

Investors normally get there payments on time, most of the tenants stay for long periods of time because if they move it is a hassle for them, and since section 8 requires that the property stay in certain condition it will help keep the maintenance costs down. 

Short-term stay?

Working with a CPA can help you navigate tax implications, and staying focused on long-term planning will set you up for success.

I wouldn't know the areas to look out for or to stay away from so any advice would be awesome!

Markets stay flat for five years and you've been bleeding cash then what?

To streamline design choices, create a design guide or "mood board" beforehand to stay consistent with finishes that match the neighborhood's expectations.For monitoring progress, a property manager can sometimes oversee construction, but it’s typically better to rely on the GC for updates.

And personally, I stay away from OH because it's what herd think has long been and I worry how much of price is based on herd-actions or market metrics.