They could give you a more precise estimate and help navigate zoning regulations and permitting.Let me know if I can help or if you want to discuss your plans further.Best of luck with the project!

In the end, you have to decide the cost / benefit / risk / reward of doing one makes sense in your situation.COST - You have outlined some of the costs, but not all. 

@Andrew Slezak I recommend you first articulate precisely the liability events or concern which are pushing you to transfer the property to an LLC.

The precise property forecast can vary depending on a lot of factors but the general demand is really what you should use the tool for to make your plans. 

One key lesson was the importance of precise budgeting and renovation timelines.

Sounds like you have the motivation & ambitious but precise goals.

There's no precise figure because no one will understand your STR or market as well as you do- or, as well as you will (with time).

@Aleksandra DrovalI'm not sure what statistics you're looking at but everything I've read and heard shows exactly te opposite, that hotels are losing to Airbnb precisely because of the experience.

Hi AllHappy new year. Back again with few more questions to seek experts input.I am currently looking to shortlist some locations for my first rental investment property.When you look location what factors do you cons...

For example, our design team creates detailed plans that align with market trends, and our contractors execute them with precision.