I would still set aside money for renovations that are need based if you do that and use the rest to invest.

It seems to me that they all whether paid of free, will all have the same exact amount of houses because all the transactions are all public and so they seem to compete with each other based on the quality of the data of the houses, how up to date it is, and the user experience in configuring the how the layout is.

This gives you flexibility and a clearer understanding of how you’ll proceed based on market changes.

No. 99.967% of the time it will be a big fat "no".So to everyone debating the effectiveness of a software, you need to realize what the scope of the software is.Software will return DATA, based on your filtering.

You will want to mail the same area multiple times throughout the year.Phone callsCall your contacts once a quarter to touch base.

I suspect there could be some truth behind Melanies claims based on that thread..

Additional Info —Key Details:Location: Outside Santa Fe, NMProperty Size: 20 acres (valued at $80,000)Project: Two new STR unitsExisting Experience: Family has two fully-occupied LTRs nearby, generating $2,000/monthConstruction Approach: Self-contracted with licensed trades for electrical/plumbingCost Assumption: $80,000 per unit, plus ~20% for inflation (based on 5–8-year-old build costs)Financing: Using land equity as down payment on construction loan (expecting closing costs to be major expense)Request: Looking for feedback, potential pitfalls, and general guidance

Typically, 8- 12% net for OOS investors based on cash purchases.Good luck 

On a commercial asset the value is directly based on the NOI (net operating income).

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