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.

The kinds of attributes you seek will depend on your approach.Given your youth, take into account the potential for house hacking.

Any increase in revenue will not be attributed to the photos by hosts.

From my personal experience I’ve had most success acquiring MLS properties that have underlying characteristics such as favorable zoning, incorrectly listed square footage or other attributes that are either incorrectly represented or not effectively marketed.

As a result, there is an assessed value attributed to the land.In your case, I would allocate $0 to land and depreciate the full amount of the basis in your condo.

If you are using the space for both personal and business purposes, you may need to prorate the expenses based on the business use percentage.Lastly, the cost allocation for the addition could depend on the nature of the expenses and whether they are directly attributable to the office space.

Single family rental leasing has consistently tried to take pages from the multifamily playbook but SFR has always lacked the two biggest multifamily advantages/attributes: uniformity and density.

This price increase is largely attributed to the limited supply, which is not meeting the high demand.

Saving a little bit early on can go a long ways, especially when it comes time to make a down payment.What attributes do you look for in a property manager/how do you weed out the ones you know won't mesh with your business model?

The more you do it, the more you want to do it again and again.I attribute the majority of my success and motivation to the knowledge I have acquired.