It is tough to crack, but it has so much potential. 

Concerns: Although the cashflow is good, we weren't sure it's valuation and potential for appreciation since there is no good comp like this property in the area.

Mike, My recommendation would be during due diligence for a potential purchase, ask for past 12 months of all utility bills, property taxes, and any other municipal requirements like rental permits, occupancy inspections etc. 

If this happens, new people won’t be able to get vouchers, and landlords may have fewer potential tenants to rent to.

Balance Sheet is a snapshot of the company's financial health at a specific point in time.Income Statement is a showing us the health on an operating POV.

Connect with like-minded investors, check out potential opportunities, and start familiarizing yourself with the community.

There is no shame in taking some time to hunker down and reassess everything, and potentially sell. 

@Ben Cochran I hope you have factored STR tax savings into your cashflow and ROI as it can be significant.Leveraging equity to purchase a short-term rental (STR) in Tampa Bay can diversify your portfolio and potentially generate strong cash flow, but it also increases your financial risk.While your properties hold significant equity, adding debt from HELOCs or a DSCR loan could strain your finances if STR performance fluctuates or costs rise.

Hello! New to the BP forum and joined out of curiosity for a hypothetical scenario.I know everyone's situation is different, and everyone has different needs and priorities within Real Estate.So I was curious on one o...

It’s also a great strategy for consolidating debt or accessing additional capital for growth.However, be mindful of potential prepayment penalties and how they weigh against long-term savings.