About $250 to $300 per square foot, because it is small which drives the per sqft cost up absorbing kitchen, bathroom, plumbing, electrical, utilities, basement, roof and impact fees into a small footprint.

In the advertisement on BP podcast they exclaim that they will drive up the rentals and that you will have a low vacancy rate. this is 100% true. i have been booked solid since may. however. last month it cost me $500 to let strangers stay in my house and this month i might break even. 

You're going to make me drive over the bridge, aren't you?

If yours is the only STR within 20 miles and there aren't any cities or larger towns within a 20-30 minute drive, you could easily run into trouble even finding a reliable cleaning person, let alone a full-service STR management company.I would also definitely take the time to find some comps on Airbnb in the same area as yours, with as close to the same bed/bath count as yours, and with the same finishes and amenities as you are planning to put in yours.  

I was made aware this weekend by one of the investors on our Facebook group that Marco Santarelli on June 18th, 2024, held a "web seminar" again soliciting investors.

I really would prefer not having family drive around to pay the mortgage. 

I do like the idea of buying a home where everything is still under warranty, although the idea of buying something that doesn't exist yet gives me some pause.Richie,The drive to Huntsville and even Redstone Arsenal is relatively easy and most are along major highways that feed into the Arsenal.

Your suggestion of Modesto, which within a 1.5-hour drive of San Jose definitely caught my attention!

We do live in a rural area and some contractors we spoke with said it was too far of a drive to do the project.

I'd rather learn the ins and outs of deal flow from a millionaire next door type that has an aol email address, no social media accounts, drives an old truck, and buys his clothes at Costco.