I have a unique situation as I have lived rent free most of my working years, at a boarding school that provides housing.

@Hadar Orkibi personally I think every cycle is unique, not only in the reason for each stage's existence (for example Covid's influence, lending practices, etc.) but also for the recovery period.

IE they dont do them often or ever its a pretty unique document.

Stop hanging out with your deadbeat buddies that spend all day drinking, talking sports, and otherwise wasting away.

Stop hanging out with your deadbeat buddies that spend all day drinking, talking sports, and otherwise wasting away.

Unique Undersupply Condition: Covid canceled many projects and hospitality is now undersupplied and existing properties have had underinvestment.CONCLUSION: Rates for hospitality and especially upgraded properties should have strength2.

BiggerPockets only allows unique content written by the user.

The key, especially in the $500k price range where you have lots of competition, is setting the home apart to make it unique.

--> Crowd Pleasing Standout Outdoor Amenities🏀 Sports Court - Pickleball & Basketball⛳️ Putting Green🔥 Fire Pits🔹 Hot Tub👨‍👩‍👧‍👦 Multiple Seating Areas🏓 Corn Hole & Ping Pong💧 Heated Pool🍔 Built-in Grill🖼️ Outdoor Mural--> Crowd Pleasing Indoor Amenities & Design🔹 Blockbuster Movie Themed Bedrooms & Design Carried Throughout the House🔹 Converted Garage Space Into a Pool Table Game Room🔹 Poker Room🔹 Themed MuralKey Takeaways to Drive Revenue for Your STR🔸Know Your Guest or Avatar and Design for That: Don't be afraid to go all-in on a theme that resonates with your target audience.

We've all seen the potential benefits: faster construction, potentially lower costs, and the ability to design unique living spaces.