DO NOT RELY ON ANYONE.

*This post is informational only and is not to be relied upon.

So I suggest getting a ‘best guess’ figure based on several sources (Airdna, Rabbu, STR Insights - don’t rely on just one) and then build in some conservatism and see if you are still comfortable what your pro forma kicks out.

Someone who is 25 and single just starting their work career is in a much different place than a 45 year old adult with a family and entering peak earning years - so too someone at the end of their work career with kids launched and on their own   And then there is the opportunity cost to any investment decision.

I was told that you have an IN-HOUSE CPA who would be more than willing to assist my CPA OR do the taxes themselves.Question after question I'm being told that my CPA needs to use his "own best judgement" rather than rely on advice from the firm that setup the entities to begin with.I think all potential clients need to be very mindful that Royal Legal Solutions WILL NOT back you up with your CPA when you go to file your taxes.   

You don't want to rely on any of us.

I'm all for college eduation, contrary to the crowds, I believe the experience prepares you for adulting.

You have plenty of money to start and most likely have plenty of RE knowledge to rely on as well. 

The information contained in this post is not to be relied upon. 

I wouldn't rely on information here as we haven't seen your building nor understand your bigger goals but this is not something I ever recommend my clients to do....even if they have a few deals under their belt.