Don't have much to share quite yet :)@Jenkins RamonMeat and Potatoes Below:Price: $140k Rent: $1,560/moWater: $60/moPrinciple and Interest: $525/moInsurance: $80/moTaxes: $320/moCashflow: $575/mo (those numbers are a little inflated since I made the purchase decision on more conservative numbers of including 8% vacancy loss ($125/mo) and additional cleaning and maintenance costs of $100/mo so when I ran final conservative numbers I was at $350/mo. 

Big business and labor unions around SF are driving a smear campaign to stop Homesharing, but it is one of the oldest hospitality experiences in many countries & cultures, pre-dating hotels and boarding houses.

I would love to see a big difference be made to change the culture, but don't have alot of faith that will ever happen.

I ran a DCF, increased NOI by 2%/ year, forced an 8% return, assumed id sell in 10 years at a 7% cap rate and came to something like $440,000.

I ran those numbers based on my worst case assumptions: Paying full asking price, preparing for unexpected initial repairs, maintaining current rent, and just guessing at the insurance.I believe I could potentially the increase the ROI by increasing rent to 1100/mo, not needing the initial 5k in repairs, and acquire for less.

I ran plumbing for a future summer kitchen and full bath already when I did the plumbing throughout the house.

I ran some quick comps and do not see the package being worth $500K.

@Nicholas Jestus I ran I quick cash flow analysis that we sometimes use when doing a quick 'back-of-the-napkin' for clients.

That aside, to go from being in a NYC environment, to a beach environment is a huge culture shock.

I ran a few numbers on it and with that rent against that purchase price, you'd be at 1.37%, not meeting the 2% rule, but that is seemingly hard to find in today's market.With the numbers you gave you should cashflow around $250 per month.