We reached out to the guest and reminded them of the rules of our lease and they understood and turned out to be model guests for their remaining stay. 

To each their own—but all trades say, “good work ain’t cheap and cheap work ain’t good “ however unscrupulous contractors that take advantage of people are a major thing. if we wont acknowledge that, contractors are just looking out for themselves and their individual business model. you also can’t assert that quotes can’t be automated and also assert that there’s no variance in pricing  lolRant over ! 

I don’t account this upside for in my modeling which says I should see 9-15% which assumes 3-5% appreciation, 2.5% rent and cost growth. 

I will find a way to add this into my model and hope I find some greener numbers.

We evaluate the after-repair value using a gross rent multiplier and a NOI/cap rate model. 

I've also got two models from A.CRE - the apartment value add model and the All-in-One model.

Honest feedback here - I hate the arbitrage model Why?

We were very calculating about our model and used a very conservative approach toward expenses.

Cap rates seem pretty low relative to mortgage interest rates.Has anyone seen this model work in this economic environment?

I agree with @Francis Faucher completely.Definitely not worth it to swap business models if one is working well, would be silly in most cases.A few investors and agents on my team in MA are operating in the syndication space putting investor capital to work with great returns even by today's market.