Obviously there is no guarantee but if someone with a high level of success and experience was willing to do all that, it is likely a go.Yes it is true there is seasonality in hospitality but with proper budgeting you will be fine.For estimates I personally use AirDNA (Paid version) and then double check it using enemy method.

Currently the heat/ac situation is electric baseboard heat and window ac units that my realtor is insistent should be taken out and I should have mini splits or a furnace added instead.

transforming a room into master bedroom , utilize basement space to add sqft , fixtures , open space concept ( tare down drywalls to make open space - kitchen - living room - dining room

Don't forget that Airbnb is sending messages, as well, so you will be doubling up.I have 3 auto messages:(1) Booked instantly - I let them know we are looking forward to their visit and highlight the unusual things about the listing that they might have overlooked about the listing and let them know they can cancel within 48 hours.(2) Morning after check-in - Asking them how their stay is and if there is anything they need.(3) 5:00 pm the evening before check-out reminding them of the check-out time and instructions.8 days before check-in, I send them a manual message reminding them of the upcoming booking and asking them for their ETA for an in-person check-in or instructions if they'd prefer a self-checkin.

Other comparables with the same bedroom and bath count gross $60k-70k annually.

Double Whammy).

The median home price has more than doubled in that timeframe, but Milwaukee is a fairly linear market, so the neighborhoods have mostly remained the same, but median home price is a dynamic indicator and will always stay current, so you can benchmark neighborhoods against the median for the metro area.Note: in the MF space investors refer to a star rating system. 1 star to 5 stars.

He put about $40k in rehab and ended up renting monthly for $1500 master and $1000 each bedroom.

Purchase price: $112,000 Cash invested: $22,000 Bought this 3-bedroom 1 bath house in a vacation town and moved into it.

The apartment consists of (23) one-bedroom, one-bath, (3) two-bedroom, one-bath, (1) three-bedroom, one-bath house.