As it stands now I feel more comfortable with the second lender and I'll be moving forward with them instead of the first option local bank.

It will not "replace their W2 income" because they invested in a larger project, they will still at best stand to earn at best 20% per year on their capital.

.  -- I'm not kidding re this level of detail digging today --   Your hair should be standing straight up re having a turn over!!

It would stand out bad that a host left the dresser out, unless it was a very small room.

To achieve this, we have applied the following filter criteria:Only properties with 2 bedrooms and 2 bathrooms have been considered for this analysis.We are only considering listings with over 30 reviews in the past 12 months.The findings are presented in the chart below:Here are some observations:The average daily rate for a 2-bedroom / 2-bathroom unit throughout the year stands at $308.Rates tend to be higher during the months of May, June, and July.Conversely, the lowest average daily rates occur in December, January, and February.It is important to note that the increase in the average daily rate during January is not attributable to increased demand, as indicated in the seasonality section.

Perhaps you are eager to move on from this property (emotionally) given the history, but given the facts you have outlined-- it seems like a fortuitous asset to stand by :)Hope this helpful and good luck!

At the moment the gate to the law stands open, as always, and the gatekeeper walks to the side, so the man bends over in order to see through the gate into the inside.

I'm telling potential STR buyers that if they can stand short-term mediocre numbers, they're likely to see an increase in the metrics in the next year or two as A) new investors continue to waffle over the higher interest rates so new listings decline and B) some existing owners sell because of the lower numbers of the past year.

DSCR stands for Debt service coverage ratio.

That is what I call a suicide mission.Secondly, tell your friend, that it is NOT about "off-market properties".Go home,  stand on your front entry with your house at your back.