Once you have a short list, get an account with each one and run them through the wringer to see how they function.

Once remodeled and fully functional,according to comps, should be over $200K.

You need to modify the lease so that the tenant pays if the chair lift breaks (no reason to take it out if it is functioning).

For someone who is going to be a hands own operator and rely on real estate as their full time employment in lieu of a W2 job, or foresees that transition at some point,  buying the entry level low barrier assets can serve a useful function.

My thinking is that as long as the yard looks like a yard and can function as a yard (ie. junk-free, has grass & dirt), then it doesn't make much sense to invest heavily into landscaping like re-sodding or other projects.

Got notified of an off market property already functioning as a STR... what questions to ask?

Plug it all into BNBCalc and share it so others can give you feedback- look at the tax savings via the "short-term loophole" at the bottom and learn how that functions as well as it can be a huge aspect of your investment.

A few things that new BiggerPockets members do to get themselves out there and start forming valuable connections:1. use the 'search' function to find topics, members and areas of interest .

People often want to look you in the eye and see if they are willing to take the next step in trusting you with something that is extremely important to them.Youtube is owned by google and is the 2nd largest search engine.

Because Florida is the nation’s largest contributor to active inventory (19%) and monthly new listings (15%), despite being the 3rd-most populous state.Florida Facts:Population: 23 million (#3 after CA with 39 million and TX with 30 million)Active Listings (Feb 2024): 125,962 (19.0% of total US active listings)New Listings (in Feb 2024): 49,294 (14.6% of total US new listings)Median Listing Price (Feb 2024): US$459KIncrease in Median Listing Price (YoY)2017: +6.6%2018: +0.1%2019: +3.1%2020: +3.7%2021: +21.1%2022: +8.5%2023: +2.2%Median Listing Price: FloridaActive Inventory: FloridaAt the state levelFlorida’s active inventory of nearly 126,000 listings is back to pre-pandemic levels.