Assuming a 40% expense ratio, the net operating income at the current income level would be around $19,440 annually and $28,800 after renovations.At a $360,000 asking price, the cap rate based on current NOI would be 5.4%, which is low for a park with park-owned homes and required renovations.

They only operate in markets where their data can hedge an almost guarantee if you follow their protocol.

Transparency and professionalism are core to how we operate, and we ensure all properties have clear, insurable titles before closing.

Just make sure you are saving towards those slow months during the peak months, buy a deal at the right price (don't overpay just because its a turnkey STR or you think it will make more money than projected), and look into ways to increase bookings during those slow months with some marketing and operation tweaks. 

Hi, Just bought a unit via LLC in Nashville area, specifically in Berry Hill to operate as STR.

To have a successful STR I HIGHLY recommend listening to this episode of a podcast: https://podcasts.apple.com/us/podcast/on-the-market/id161508...Once you listen to this, and any highly involved STR operator will agree, you will find a lot of the fundamentals are lacking in Kissimmee or you have to have deep pockets to hit those.I won't spoil the episode, but if you listen to it (and anyone out there that does) feel free to DM me afterward and I'd be happy to talk details tailored to your situation on if you're on the right path or maybe I can help.

Quality furnishings, attention to detail, and seamless operations helped set the property apart, maximizing its earning potential.

This is totally contrary to the way most wholesalers can operate.5.

In that case you will need to analyze the comps, and keep in mind operating two units on one property can bring other costs and operational issues.2.

I recently sold one I had on Seabrook Island because the club/regime/HOA were frequently changing the rules and making it harder to operate smoothly.