The simple answer is highly accurate..A recent CBRE report on the accuracy of AirDNA date found it to be 97.5% accurate in reporting active supply of vacation rentals.

Then there's other factors to success especially in a heavy lift like this, some of the most important in my opinion are Being on site regularly to manage the contracting processHaving a lot of cash reserves - 'a lot' imo would depend on how thorough your current bids are and how old the property isYou mentioned it's bleeding cash now, whatever your timeline is for the property bleeding I'd double it and see if it still makes sense. 

It seems like it's something people do on the regular, and the lender doesn't usually trigger the due on sale clause. 

To stay on track, I suggest having a detailed project timeline and regularly checking in with your team to keep everyone aligned.The real estate market can change quickly, impacting your projected sale price.

What you've shown here is not really a cause for concern in my eyes, however I see much worst conditions regularly.

I'd focus on getting a better property manager, their job is to shield you from most of these headaches and to prevent them in the first place through tenant selection and doing regular property inspections.

Property Management Company we work with right now to manage is fine with regular rental but I am having hard time working with them on student rental where some of the regular renting rules don't generally apply. 

Begin small by making regular contributions to build your portfolio over time.

Simon, Here in FL its much easier for us because we know a few things:1) The U.S. is severely under supplied in housing units. 2) Tons of people are moving to Florida everyday which makes point #1 even more drastic for us. 3) Interest rates are preventing people from selling their homes, because then they would need to re-trade for a higher interest rate buying a new home, which is creating even more housing demand.So with this knowledge, now we move to more market specific data, which is what I talk about in the original post.If a market shows decent growth and demand, then it all boils down to the numbers.Its important not to forget about any costs though.

During our monthly market study, Marion Oaks (Ocala) consistently stands out as the area with the highest demand for new construction housing.Below are some of the markets we analyze, along with their average months of housing supply: - Palm Bay: 3.4 months - North Port: 4 months - Port Charlotte: 5.4 months - Marion Oaks: 2.2 months - Silver Springs: 2.8 monthsStudy Criteria: Single-Family Homes Built in 2022 or later, 1400-2400 sqft.