BP has various tools to help you analyze your deals (rentals, flips, wholesale, etc). : https://www.biggerpockets.com/investment-calculators7.

That tool looks to be very useful; I will take it into consideration when choosing a market!

As others have said, it doesn't really make sense to run calculations for STR analysis on a monthly basis, just use annual revenues.Get signed up with a pricing software and use the market analysis tool.

Thank you Preston, I really appreciate any and all real-estate tools that provide beneficial information. 

AirDNA is a good tool for looking into those specific areas and weighing the strengths.

BP has various tools to help you analyze your deals (rentals, flips, wholesale, etc). : https://www.biggerpockets.com/investment-calculators7.

Since tenants are not all the same schedule, there are no bottlenecks for kitchen or bathrooms use.Lower level: Large unit for the onsite-manager with private kitchen and bath (has windows in every room but is partly below grade), plus the common area laundry room, and managers’ tool room / storage room.What made you interested in investing in this type of deal?

Lastly, not sure why you would need Hostaway or pricing tools for one property to add VRBO.

The best tools to take advantage of as a new member are the keyword alerts and local meetups.They help you find the right discussions and connect, in real time, with like-minded folks in your market.All the best to you!

Tools like Cozy or Buildium can streamline processes.Understand Legal Obligations: Stay updated on Colorado landlord-tenant laws to ensure you're compliant with security deposits, lease agreements, and eviction processes.Effective Communication: Set clear expectations with your tenants about communication channels and response times.Regular Inspections: Schedule periodic visits or hire someone to conduct property inspections to catch minor issues before they become major problems.Final ThoughtsWeigh the pros and cons based on your circumstances.