This allocation should be based on the fair market value of each component, typically determined through an appraisal or the values agreed upon in the purchase agreement.

It's not like other markets where all info is online and everything is super fast and easy.

Often times, if they come in through VRBO or AirBNB, they are looking to get something at below market rates or market.

I would think their loan documents give them the right to control the property after the original owner dies - regardless of who is living there (although I have no direct knowledge of the laws where you live).There are details we don't know here... like if you want the house for sentimental reasons, or because you see the value between what it's worth on the market today and what the reverse mortgage company wants for it?  

Im just getting started in the STR market.

A few years ago I stopped coaching, I sold my print marketing company (Yellow Letters) to care for my wife.

It's an old metric that many do not use in today's markets.

If you are on the fence with the above, then you should sell now as you enter the spring market.

I'm a new investor in the market, I'm looking for reliable GCs in the area!

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