As others have said, it doesn't really make sense to run calculations for STR analysis on a monthly basis, just use annual revenues.Get signed up with a pricing software and use the market analysis tool.

Realistic rent calculations, local laws, and tenant management are essential.

Thank you Preston, I really appreciate any and all real-estate tools that provide beneficial information. 

AirDNA is a good tool for looking into those specific areas and weighing the strengths.

Over time, you're essentially shorting the American dollar, and with how both sides of the aisle run deficits, the printing machine isn't being turned off anytime soon.

BP has various tools to help you analyze your deals (rentals, flips, wholesale, etc). : https://www.biggerpockets.com/investment-calculators7.

Lastly, not sure why you would need Hostaway or pricing tools for one property to add VRBO.

The best tools to take advantage of as a new member are the keyword alerts and local meetups.They help you find the right discussions and connect, in real time, with like-minded folks in your market.All the best to you!

Tools like Cozy or Buildium can streamline processes.Understand Legal Obligations: Stay updated on Colorado landlord-tenant laws to ensure you're compliant with security deposits, lease agreements, and eviction processes.Effective Communication: Set clear expectations with your tenants about communication channels and response times.Regular Inspections: Schedule periodic visits or hire someone to conduct property inspections to catch minor issues before they become major problems.Final ThoughtsWeigh the pros and cons based on your circumstances.

Both can be powerful tools for investors, especially when you’re looking to maximize cash flow and returns.Since most lenders have a minimum loan requirement of $75K, you might want to explore hard money lenders.These lenders specialize in funding investment properties, even for amounts below traditional lending thresholds.