When trying to analyse STR I try to use as many data sources as possible, AirDNA, Rabbu, Pricelabs and good old networking, ask around see what other investors are getting for their units. 

.- **House Hacking:** This can be a great way to start, especially if you're looking to live in one of the units.

Also, watch out for any litigation or construction issues that could lead to HOA fee increases down the road.Alternatively, you could consider a good deal on a single-family home or a 2-4 unit property.

$132,500/unit for 2/1s in Hampton is too much IMO.   

I would consider the tenant's past, as well as the condition of the unit, my local market, and other factors.

Secondly, how do you finance these units? 

This could be very difficult if you are going to self-manage, as you will be turning units every year and dealing with a lot of repairs.

Let’s look at the math.Pre-Covid, the National Apartment Association (NAA) released data showing that the average renewal costs between $5,000-$10,000 per unit.

They do it across the board so all their units have to pay the higher deposit.

Account Closed I have had tremendous success using direct mail and mailing the owner of record where the tax bills get mailed to.Generally, property management companies don’t pay the real estate taxes so this gets me right to the owner.Targeting wise, I would just do a zip code filtered by unit count using a service like listsource.