You don't know if you'll enjoy the sport, but you want to spend $200,000 building an indoor court to practice and go pro???"

Curious, how do you research if a multi-family will perform well as a short term rental?

As mentioned this means the property can support itself and wont put me in a situation where I can cover debt, operating expenses or capital expenses.Annualized Return if Sold at the Five-Year Mark:This metric offers a comprehensive view of investment performance, blending both cash flow and equity.

If it is performing well, the buyer pays fair market value for the home and enjoys the benefit of some future income with rentals you already have booked. 

You can use it to track your marketing performance, budgets on projects, KPIs for every role in your business (even if you're a one man show), call metrics, and manage your lead pipeline.

I would narrow your search to who is the most reputable, hungriest, and priced well for the work performed (not the cheapest). 

If a Cost Segregation Study had not been performed on this $1,200,000 warehouse located in Orange, California that was purchased in 2018, it would have had first year depreciation of approximately $10,225.

If the work looks like it was performed by inept home owner or handyman, it will get more scrutiny.  

Evaluate Realtor Performance: Reflect on your realtor's performance and consider providing feedback or seeking a different realtor for future transactions if you feel your current realtor did not adequately represent your interests.In summary, your realtor should have proactively checked the status of the POS report and communicated any issues to you well before the closing date.

GPs will either need to perform well (communication, good return, etc) or they will be challenged to get LPs.- The best cash flow in this market is achieved via STR, MTR, or rent by room.