I have used AirBnb's pricing as well as VRBOs.  

why not build in a more affordable price point. the largest two builders in America build non luxury maybe take their advice?

There is opportunity all over.

Hey @Brett Baker, generally, any place with a great water view or directly on the water will bring more revenue.Of course profitability will all be based on purchase price and prevailing nightly rates in the area.If you find a cool 2/2 or 3/2 right on the water with a great view for 1.5m or a 2/2 or 3/2 house a block away for 600k, then I would look at the house over the condo.

What a GREAT golden opportunity. 

Hello, BiggerPockets community!
My name is Jay I'm excited to join this platform as a new investor based in Charlotte, North Carolina. With one successful flip under my belt, I'm eager to connect with fellow investor...

Is the washer price set higher then the local laundromat and are the dryers priced lower?

What is the price of the tax lien.

Hello Dana, For that purchase price in Brooklyn, NY, you could be looking at considerable unknown expenses at this point.If the property is occupied, you'll have to factor in attorney fees and holding costs while you wait to gain access to the property.Furthermore, you could be facing additional costs related to title issues: open permits, violations, liens, judgements, etc.

Purchase price: $655,000 Cash invested: $40,000 Sale price: $770,000 Purchase and hold.