., major systems like plumbing/electrical)Full Gut/Studs Down: $85-$120 per sq. ft.Luxury Finishes: $150+ per sq. ft.However determine the Rehab Costs are only a part of analyzing a deal, you also have to focus on determine the After Repair Value of the property in the specific Area/LocationIf you’re focusing on specific markets and ever want to discuss analyzing deals or strategies, feel free to connect, Our firm would love to help you!

I was specifically responding to this: Would I pay for all the remodel expenses and then 50/50 split of profits or does contractor pay remodel cost? 

Readers are advised to seek professional advice.Thanks for your reply!

At a high level it will all come down to the specific piece of land you are looking at.  

Thank you so much for the advise.

Here, we will focus only on a December-specific question: how can I meet material participation if I buy an STR in December?

Please advise It depends on where the property is located and overall layout of the property.

I can't advise you on what to do specifically.

Has anyone done busiess with https://www.beyondbnb.io/addit...Thank you for your advise,Michael

If so, I am curious the thoughts and drives behind that, like, maybe really wanted exact answers to you so thought posting on your specifics was best approach?