If you're comparing all markets to just one, especially Orlando right now, it's no wonder you don't think STR are a good idea.

Pictures don't compare to the "comps"3.

The rent was $1450, so yes that's relatively expensive compared to that income but that's assuming a part time job for both of them.

I have new builds in the city of Miami where its taken me 2 years for approvals compared to unicorporated Miami Dade where I can have approvals in as quickly as 3-6 months.

I am wondering if it makes more sense to just deal with the large upfront cost to have the roof done fully or if repairing the damage will end up coming back to haunt me.It's a rather small house at just over 600sqft, for an addition is it really just a matter of getting estimates for the addition and comparing that to the additional rent I would get and seeing if it's worth it?

Cashout refi seems to be a cheaper way to capture the post-appreciation equity before the next recession takes it away, compared to:1.

In other words, did the appraiser not include any relevant comparables and/or data/facts, that would be better support for the Subject in the market.

I also wonder if these people just want to compare my numbers with theirs and have no intention of buying.

They have deals you can look at with better margins and less competition compared to wholesale deals. 

@Adam Peralto More & more owners are posting here on BP about their rentals sitting vacant too long.Which means owners aren't paying attention to the rental market - which is slowing, causing Days On Market (DOM) to increase:(Take a look at the graph below from ShowMojo, comparing average DOM for 2018-2024.DOM are now about 40% longer than they were 2 years ago.Many owners also don't seem to be aware of real estate market fundamentals, such as seasonal effects:1) After September, when kids go back to school, there's a noticeable dip in activity in both the sales & rentals.2) After Halloween, there's another noticeable dip.