Hey (:So the traffic on this post might give you the answer...Generally a good cash flow market, flips are kind of stuck.

I’m brainstorming ideas on how I can market myself to potential mentors in the STR game in order to gain experience.

Commercial properties are not evaluated by "comps" (well not exactly) they are evaluated on cash flow.

And it could take even longer than 6-12 months to find a replacement depending on the area.The other things to look at carefully are major Capex or maintenance expenses - you didn't mention whether this was a NNN lease.

Also if you have any more info on it thats not well known if you could please let me know thank you

Fast forward to the beginning of 2024- we started using Furnished finder and renting out nearly half the house on 30-90 day increments and were fully licensed as a short term rental.  

Quote from @Nicole Heasley Beitenman: I'm coming up on my first year of operating an MTR.

Using your example, you sell Mon for your $155K and have a contract on a new home for $100K two weeks after this one sold.

If you're in real estate, whether as an agent or a developer, SB-9 in San Diego City is something you need to have on your radar and smart investors can make it work to their advantage.

Quote from @Brett Riemensnider: Wish I didn’t have to post this but I am torn on what to do.