I preach to everyone make a wish list, prioritize, test the software and double check. 

Last year we began testing different places by staying in Carrillo and Junquillal with day trips to a lot of other nearby beaches. 

He used https://www.dealmachine.com/ interesting we are researching different sites right now and are testing propertyradar.

In the good ol' days, analyzing STR deals was an IQ test.

Attitude and professionalism are paramount; product knowledge next, and then there's your contact/follow-up systems.Put that together, price-test against the market, and you'll have a sustainable, constantly expanding, and very profitable venture.Good luck! 

Ironically some of the best deals come from properties that once failed a perc test and are considered unbuildable for that reason alone.  

You can get these under your belt for $6-10k, and we're talking about reading 4-10 books, being tested, interacting, and meeting new people.

I had a tenant force me to pay for some dumb azz air quality test where she claimed my air was bad and making her sick. 

Early testing of this new system indicates that it’s a pain to get access to.

.)- All in Cost = Cost to build * Square foot  - Sales Price = All in Cost + (All in cost * 20%)* Covers contractor and soft cost on either fee based or cost+- Profit = (Sales price - (Sales Price * 7%))* - All in Cost   accounts for agent fees and closing cost- Initial List Price = Sales price + 10%      A buffer to test market absorption- Break Even being All in cost, point where everyone is paid except me. - List price is to test the market absorption at "x" price. 250k land + build.