That's as simple and accurate as I can put it.

I understand that the current real estate is under-assessed and that the taxes will increase if we declare a higher property value, but this might be necessary.Can anyone give input on how to accurately determine the business value versus the property value.

I think the one thing that Airbnb doesn't mention much that is taking away from their business is the spike in direct booking platforms for the top performing hosts and competition from VRBO /Booking.com/Other Niche OTAs.

They may have an appraiser or broker perform a BPO (what they did for me) and so you need to be very sure the value is there. 

Vacancy is based on the area norm and the past performance of the property, so not a set amount. 

If you are looking in the Branson market, give him a call (417) 973-1987Super exciting - keep us posted on the property performance!

If you try to analyze the whole country as a whole, its impossible and not accurate.

Currently looking at land deals in sunnyside but need to run accurate rough cost to see if itll be worth it

The only potential problem is a very old and changing interpretation of the validity of doing this when performing a 1031 exchange. 

Here is a great example why.I recently saw this asset come across my desk which was a non performing loan where the seller was a year behind (they made one payment I believe - even though they were allegedly properly underwritten).