Quote from @Spencer Thomas: Quote from @Dominic Mazzarella: Quote from @Spencer Thomas: View report*This link comes directly from our calculators, based on information input by the member who posted.What do you all think of the deal and how I analyze it? 

I realize that there are variables from market to market and property to property that could make VRBO more effective for a given property, but my understanding is that in general Airbnb bookings get out to such a dominant start in regard to percentage of the bookings, that VRBO and other lesser OTAs have trouble catching up.

@Dominic Mazzarella!

Hi Dominic, thanks for the detailed response.

My role with this MF company is to manage the design, construction of the GC's and opening of the properties.

Buyers don’t care if you shelled out more on the rehab, if you’re priced too high, you’ll end up sitting on the market way longer than you want, driving up holding costs.Lastly if your buying on market, REO or Corporate sellers are dominating and not as willing to negotiate as owners would.

Quote from @Lisa Albright: Thanks so much for the response Dominic.

That pace feels pretty good to me...I can get past the "rookie mistake" phase of my career before there is investor money on the line, and I can "fail small" because SFRs and small multifamily doesn't hurt as much as larger properties when things go wrong.Timing had a role, too.

@Dominic Mazzarella Not sure what happened to the lengthy response I wrote out - i'll try to re-summarize it here. 

Hey There @Dominic Campelo - I am also a fellow General Contractor here in Chicago!