If it's in a major city with public transit you can limit the number of rooms that include parking.

Dumb question When you write adds for your apartments,do you include the balconies in your square footage?

https://air.tl/5cmk2bQaPricelabs has a nice feature where I can set the distance or draw the properies to include for determining the market.  

Remember to trust but verify all information you receive, that includes me lol.here's a link but please do a deeper dive. https://www.state-contractors-board.com/michigan/

Immediate Benefits of REPS: REPS allows real estate losses, such as depreciation (including cost segregation), to offset other income, including W2 or active business income.

I believe all fha loans, as the vast majority of other loans, included a release/forgiveness for the unpaid debt.

Can  you  add the extra cleaning fees to the extended stay, vs the guest would need to make a new booking to include this service?

I had a few people interested only after I dropped the price down to $2100/month for a 4 Bed/3.5 Bath, utilities included, and I was the cheapest house in the area for that size on FF (we also allow dogs, which many don't).  

. $550  / mth * 8 unit = $4,400 * 12 mths = $ 52,800 GRI  ****not $53,800****The formula for CAP = NOI/PriceNOI = [GRI - V&C loss + OI] - EXP  *****You did not subtract for expenses to arrive at NOI nor include a vacancy and collection factor****Assuming expenses are 50% and 100% occupancy (which 100% occ is not realistic all the time).

Here’s a quick checklist to cover your bases:Property Condition: Get a thorough inspection to assess major items like the roof, foundation, and HVAC—this helps you plan for any big repairs.Financials: Account for all costs, including taxes, insurance, maintenance, and property management fees if applicable.