For some reason, certain areas seem to do better with VRBO, others with Airbnb.  

@Michael Smythe  in canada seems like bi-weekly is the thing for house payments, car payment and everything they can't afford is all weekly and bi-weekly payment. 

Which will inflate market prices int he segment seemingly over-night.

It seems like you are taking offense to anyone you feel is critiquing your approach.

So you may find what seem like good comps 2-3 years out, but if there are closer comps this is what the appraiser is going to use. 

The cap rates seem to be inconsistent and not aligning with really anything...3% to 5% on older buildings with higher risk, not great tenants, in not great areas and not a lot of cash flow or even negative cash flow based on current listed price.  

There seems to be a belief throughout this thread that its alright for a city employee to come onto your property and simply lie about item after item and then send a written agreement in direct contrast expecting you to sign and return it.

From my research, it seems the first year that it is put in service is when you can bonus it.

Hi Robert, it seems as though that you are in a great situation. 

You can try the different COOPs on the island, as they seem to be decent.