Vrbo has free price automation and analytical tools to compare the competition and see trends.

However, it's important to keep in mind that shorter seasoning periods often come with different terms compared to a a cash out refi with 6 months + of seasoning.

For example, South Cape has larger tourist destinations such as Cape Harbour, the downtown area, Yacht Club, Marina Village, etc, where there's really nothing comparable to any of those districts in the Burnt Store area.

Considering the more lenient US laws compared to the UK in contracting.Again, thank you so much for your reply, perhaps we can connect and see out opportunities in the future!

Usually around 25-35 people who consistently show up.

- Hunter@Tim Swierczek Appreciate all the great info you consistently share in the forums related to the MSP area!

The one percent and 2 percent rule ive never looked at ... cap rate is .. meh .. its there - what im most concerned with is the price of the home relative to comparables and cash on cash to start.   9)  I look  the other way if it is a multi unit that is not separately metered - thats always one of my criteria here in pgh as there are a lot of older homes and a good portion you wind up worrying about who will cover utilities.  

It's likely, you are being too tight on your comparables or not searching correctly.

Double the maintenance and capex on a 40's built home as compared to a 2010 build home and then let me know if it cashflows that much better. 

Always make sure to have written agreements in place to ensure consistency and avoid misunderstandings.Good luck!