Also, buy the properties that you would want to own the most 10 years from now...not the best year 1 cash flow performer.

This is especially important for those looking to scale their short-term rental portfolio.Property Appreciation: As short-term rentals continue to perform well, properties in popular neighborhoods are seeing strong appreciation.

They generally do not do this because either they are not aware of the changes or the loan is seasoned and performing so they are deliberately turning a blind eye.

You can pursue a judgement against the property owner for non performance under the loan agreement terms which would come up on a title report when they go to sell or refinance the property since a judgment search would be completed against the seller but that takes time and money.

Some thoughts on that for me are that the lowest dollar spent that can be stretched further in rentals is the best.

I want to add onto the existing house and create an apartment as part of the extension.

I don’t know anything about running gas stations but if you do, I recommend getting extensive insurance coverage for environmental land contamination. 

If the original PSA is expired without a mutually signed extension betweeen you and the seller you probably have little recourse unless I am missing something.

I advise clients not to solely rely on AirDNA data for performance analysis as there can be some variation based on amenities such as hot tubs, premium decor and design and general operational excellence. 

Building a strong, high-performing power team is essential for any leader aiming for long-term success.