To start, these are the fundamental underwriting inputs the GP/Syndicator will be making when arriving at their offer price:Management Fees: This will be very similar to any other bidder who relies on 3rd party management (and generally more expensive than a local operator who benefits from the efficiency of managing an existing local portfolio).

They highly encourage you to become educated in the topics yourself, rather than strictly relying on the CPA, which I like a lot.Youll get referred to a CPA that they themselves have trained, and the firm we got referred to is great.I'll be honest though, it took me about a year to pull the trigger on this due to the cost, but I am kicking myself for waiting that long, as my first years tax savings will be much more than the price I paid.

I also have an umbrella that covers everything.Do not rely on AirBNB and VRBO's "coverage".

This information is based on Vrbo’s current understanding of applicable laws and should not be relied on by partners.

While many lenders will say they can lend on STR's, often times they are relying the appraiser to determine the income on the 1007 which can open you up to this kind of risk.

So you're relying on appreciation only.

A legal professional should be consulted before relying on any of the below information.

Yes I have a developer, but I want to Make sure I know as much of the process rather than relying on information that may or may not be correct , but wouldn't know else wise.  

See if you primary home insurer offers one.Do not rely on the AirBNB and VRBO coverages.

The information contained in this post is not to be relied upon.