Instead, this rise is influenced by certain listings being unavailable during this period, along with higher prices set by some high-end listings to offset lower demand.Now, let’s examine the variation in cleaning fees per day of booking across the year, applying the same filters as in the previous case.Here are some observations:In contrast to the average daily rate, the cleaning fee per day of booking remains consistent throughout the year.The average value for our subarea in Okaloosa Island (represented by blue dots on the map) stands at $20.6 per day of booking.Financial Case Study: Analyzing the Performance of a Short-Term Rental in Okaloosa Island, FloridaIn this section of our analysis, we are going to conduct a financial case study to understand the expected performance of a 2-bedroom / 2-bathroom unit in the southwestern area of Santa Rosa Blvd., in Okaloosa Island.Here is a summary of our findings from the previous sections:There are two demand hotspots for short-term rentals in Okaloosa Island, with the one located at the southwest of Santa Rosa Blvd exhibiting a higher occupancy rate (69.6%) and a higher average daily rate ($306).The top-performing listings in this area typically feature 2 bedrooms and 2 bathrooms, with 5 out of 8 listings having these exact characteristics.We have analyzed a chart containing the top 100 most common amenities for top-performing listings with 2 bedrooms and 2 bathrooms.The high season extends from March to the end of November, with May and July being the peak months.The average daily rate for a 2-bedroom / 2-bathroom unit in this area throughout the year is $306, with an average daily cleaning fee of $20.Now, assuming we have located in the for-sale market a 2-bedroom / 2-bathroom unit meeting all our criteria, our objective is to run a financial case study to estimate cash-on-cash returns and other relevant parameters.The chart below presents all the inputs for our financial case study:Some observations:We anticipate receiving 40 reviews within a 12-month period, which is a conservative estimate based on our previous analysis.The bookings to review rate has been established at 85%.

Contrast that feature to the tokenized 'security': "So, if you are in a property early, wait 6 months or whatever the hold period of the offering type is, and then unleash your tokens onto an exchange, you potentially influence the value of that token forever, no matter how the underlying asset performs."

Contrast this with if you bought a turnkey/move in ready for $200,000, you can't add value usually (maybe update the kitchen 10 years later, add an ADU in the backyard if local laws allow that).

This greatly contrasts the tough time real estate investments get, full of doubts and questions.

I also invest in the city now, and I have enjoyed the contrast quite a bit.

We paid them money and we do all the work.In contrast, we just turned on extended stay settings in Airbnb and off it goes.

In contrast, the county currently allows you to build an ADU, but the moment you move out, you lose the use of the ADU.

   - We had a utility room in each unit so we could rent washer/dryers for extra incomeAll of this is in contrast to buying a building and remodeling it. 

In contrast, renting could lead to greater long-term wealth accumulation but requires managing landlord responsibilities.In conclusion, the choice between renting and selling in 2024 involves a comprehensive analysis of financial implications, market conditions, and personal goals.

In contrast, we felt like we were holding a lot of face cards when we bought our new primary in early 2009.