Look up comps in your target markets and see how they compare to each other. 

There's plenty of regulation surrounding the STR industry, but it's perfectly legal and welcome here.

Create a simple spreadsheet or written list to compare the features of each and identify the ones that align with your requirements.

These areas offer a mix of renovated bungalows, new construction, and industrial conversions, with increased demand from young professionals.

Congrats on at least taking action.You've got nothing budgeted for vacancy that I can see; it depends on how much turnover there is in your market and what your prices are like compared to the rest of the market, but most people would budget 1 month of vacancy/year/unit.

Hello @Isuf Aruci What you are describing is a what we, in the AEC/Construction industry, typically refer as a feasibility report and/or property analysis.

Use census and trend data to evaluate overall markets - population growth, age, job growth, industry diversification etc.

Im just interested in his strategy and im not seeing many people talk about BRRRR investing with incorporations of Section 8.Im new to the industry and just looking to follow the footsteps Nevertheless, Thanks for the input Yeah, I may have heard of him for Section 8 now that you mention it, but that strategy is not for everyone.

@Rene Brodowsky appraisers, like most workers, will take the path of least resistance if allowed.Appears they are using an AI system to valuate your home.As suggested already, you may want to request an actual appraisal, which you will have to pay for, and send your own comparables to Huntington Bank to try to guide the appraiser.Otherwise, you may need to try a different lender.

Look into the various industries in your city.