Quote from @Kevin Sobilo: I plan to find a couple of comparable properties with different zoning to demonstrate how zoning increases/decreases value.

Guest Communication- Quick Responses: We aim to reply to guest inquiries within 24 hours, often much faster, to increase bookings.- Pre-Arrival Messages: We send personalized messages to guests with important information for a smooth check-in.- Responding to Reviews: We take the time to reply to guest reviews, addressing any concerns and thanking them for positive feedback.4.

Presumably they have had rent increases, so how have those been handled.

Some things came up in the inspection that increased my potential rehab costs to 20k on the high side, likely 18k.   

The commission paid greatly outweighs having to go back on the market and potentially getting less than you listed it for the first time.Some individual markets are better for this than others, but if you have an agent with a great strategy on the list side (professional photos, staging advice, etc) and you pair that with listing the property at a low price; you increase your chances dramatically of getting a bidding war and not only offsetting the commission but potentially making more than originally planned. 

Change orders and unknowns always just increase the prices.

Refitting all may increase costs and potentially raise your 3-plex rate, which is currently quite low.

Also using dynamic software pricing can help increase revenue. 

It’s also a great way to leverage your investment for future projects.If you’re planning to continue with more BRRR projects, consider refining your vendor selection process to increase efficiency and cost control, and ensure your financing is set up to maximize your next deals.If you need any advice on financing strategies for future deals or optimizing STR income, I’d be happy to help!

While rent rates do increase, so do the potential headaches of managing multiple tenants.For example, here in Bryan and College Station, TX, you can get an extra 10% by renting out rooms individually.