Don't we want to seek growth and create further opportunities for revenue as investors? 

I can't believe what the developers sell these things for originally though.  

I mean I would love to share pictures of my deals and developments but I cant figure out howto get them from my phone onto this site so they just live in my phone and all I can do is talk about them.. :)  Personally I dont think the post that we are all talking about was anything but asking for advice..

With my approach, I may want to come in around $1200 while offering as much or more than most other rentals.So, keep in mind market rent is also based on YOU and YOUR approach to pricing and how to develop the value-proposition you want to offer a tenant.  

There is no way that resident can afford a 500 jump, and I ended up losing thousands of dollars.Real estate is a business, collecting a future stream of revenue, and you need to be in control of the revenue and expensesGino

Making a decent profit has everything to do with the right market...each and every one is different in guest avatar, ADR, and yearly revenue...the property itself, and the host and how knowledgeable they are on the STR industry right now because that is also an ever-changing landscape!  

Thinking back, had I refi at 10.5%, I probably had to do it again when rates dropped to 7.5%, doubling my overall refinance cost.The other lesson I learned is develop good banking relations.

My husband and I started out holding properties in our own name, and later developed an LLC structure (which also moved to a new structure later on).  

@James Rowe I’m currently working with a STR developer.

I got hot and just said OK I am done I am not signing and you can tell your movers to take your Van full of stuff out of my development and go find another home to buy..