If you’re in a situation where you’re getting numerous showings, how do you keep those initial offers interested just in case the later offers don’t pan out.

Despite my success with the property (we’re in the top 1% of homes on Airbnb), I’ve come to realize that it might be time to move on and sell.In January 2022, after some initial renovations, the house was appraised at $9M, with the land likely valued at $1.2M.

But the initial impression for the guest is probably better when they can instant book.

I estimate my absorption rate alone will make back at least 50% of the additional investment on the initial lease up and the rest within the first two years on saved maintenance costs and lower turnover.

I don't particularly want to sell my share of this property as it has appreciated quite a bit since we've initially invested and I'm hoping I can eventually get him moved out to turn it into a full-time rental property.

In previous crashes, the market out performed class a whereas now, it is initially out performing A, but many economists are for casting a quick recovery for A while B and C take a few years to rebound fully. i think new buyers have to require a higher going in cap to protect themselves.

If you spend $300k for asset that is only worth $100k, the initial income above expenses goes first to recover the negative equity position.  

You can hire an agent just to show and be a body if they are willing, While its not perfect, ChatGPT is a great tool to ask initial questions and get a launching pad (always verify what it tells you)  - @Drew Sygit - Good point about getting someone to help you with screening if they dont have any "skin in the game" so to speak.

For my first property, the appraisal came in $25,000 lower than expected, which initially concerned me.

Syndications are setup as limited partnerships so your only putting at risk the initial investment amount at most.