I have recently been made aware that I get straight to business without really concerning myself for the sellers side of the story and when you have the sellers problems, goals, etc.

We are all over the US but meet virtually

Yeah, I'm really disappointed that they removed the Air DNA from the calculators also!!!

The most reliable way is look at other STR's in the area and see what their nightly rates look like over the year and look at their occupancy rates. 

Just know that if you are moving somewhere to chase the hot market, it will only stay hot for so long.

Hopefully this is not the case where you added the ADU and the value added by the ADU exceeds the cost of adding the ADU.  

Hey everyone,I'm in the process of purchasing a multi-family apartment building and just discovered none of the current tenants have any kind of move-in inspection. 

Will the properties cash flow at 85% with a rate in the 8s? 

Build - Rent - Refinance - Repeat the new BRRR with also hotel development and growing our land entitlement side. hotel development is simple, easy, and has institutional level backing. we really like extended stay development and just came from a hotel conference in Los Angeles. hope to close a few deals this year over 10 million 

Just trying to get started and although there is plenty of information out there, I thought the value was in getting the first deal with them and then learn how to replicate it.