Additionally, my renovations are full guts anymore, which helps limit some competition and allows me to push the ARVs relative to other houses for sale in the neighborhoods.Admittedly, this doesn't necessarily create substantially more deal flow.  

The projected rents on the low side if I rented out each of the 3 beds individually would be $1800/month.

The projected rents on the low side if I rented out each of the 3 beds individually would be $1800/month.

I've done the math on a few dozen of the buildings and individual units for buyers and have rarely found something that will truly make you more than a 4% cap rate.

There is a team of individual and corporate investors who have hired a firm to fight these efforts. 

.  Commissions being negotitiable doesn't mean every individual agent or brokerage needs to negotiate their fees.

It helps that STRs are more actively managed than LTRs to qualify for being designated a Real Estate Professional.They do this with their individual tax professionals.I have nothing to do with that or the cost segregation studies.

That said, if a new government is formed that is pro-personal property rights and freedom of individuals and businesses, it might be worth a look in a few years. https://www.theatlantic.com/international/archive/2018/06/nicaragua-ortega-protests/562094/

The subscription caters to individuals who want to manage the bookings but need someone to be there for guest support, troubleshooting, & vendor coordination throughout the guest's stay.

We had a 25% conversion rate which was substantial.