In IRS Chief Counsel Memorandum 202151005 (Dec. 23, 2021), the IRS evaluated two “general” fact patterns for short-term rental arrangements.

Not only do the colors make the photo pop, the pattern has a naturally calming effect on the mind and implies that your place is orderly in addition to being stylish! 

@Rodeline Paul not as hard as you may think, but does take time to research a market.You can use Zillow info to map out cities or neighborhoods in a large city, and then look at the sales and rent data.Geographic patterns will emerge in the data:)

We would like to be able to continue the pattern of leveraging equity and OPM in to the next property. 

Connecting with local real estate investors and getting advice from experts can help you understand market patterns and investment techniques.

In your experience on these nicer properties, is there any typical pattern for how much they sell for (i.e. 75% of the fair market value or something like that) or is it all over the place or dependent on the specific property or the competition on that particular day?

Sitting at the intersection of machine learning, these algorithms learn from vast datasets to identify patterns and make informed decisions.

My normal pattern has been to find rehab and rent properties for the cash flow.

I've been in a similar holding pattern. 

I don't know about this cap rate projection, at least in CRe-Retail we project out a 10 basis point rise in cap rate for each year the property ages, so the Cap rate may be 5.5% assuming interest rates don't budge, (probably heading higher as US Govt has to deleverage its last 40yr debt run-up, like we did between '45 and '82, and we did again btwn 1899-1920, same 30-40 pattern going back to mid-1800s)I watched all their videos/podcasts/available webinars.