Knowing the average bP buy and hold investor this type of information would be for advanced investors that deal in the back end of real estate not the front end like most who just want to buy a house for under market rehab refi rent or flip. 

Limited Housing InventoryThe number of homes for sale in Buffalo is significantly below pre-pandemic levels, with a reported 46.1% decrease compared to 2018–2019 averages.

I'd say each property on average has at least 2 bookings a week ( more during the on season) so that's about 34 hours a week average.

If you really hustle and are smarter than the average bear, you may make enough money that you can buy an investment property.

Real estate investing is forgiving; the average person can still make money even with some big mistakes.

(The people running 500+ units or $100m syndications when the average BP listener (I assume) has 1-10 units and is worth $1-5M.).

Real estate investing is forgiving; the average person can still make money even with some big mistakes.

Then I put on average €8 - 10K on rehab (I have my own team).

But Germany's spa and recreation areas like Bad Kreuznach offer tremendous opportunities for excellent and above average returns in the health and wellbeing vacation sector. 

The income amounts look to be long-term rental (which they are and came in 30% lower than what the STR average did) and 2. why did the appraiser look at homes 20 miles away to compare to when there are PLENTY of rentals in town...