Roger that @Brandon Vukelich, but I don't see lenders adding STR revenue to the actual property valuation in the future.

Target, actual 7.5% cap rate in a reasonable neighborhood.  

I would be planning to do some things before actually making an investment.

@Emeka Okeke, the biggest thing is actually doing it.  

It was actually more of a townhouse (just zoned as a condo).

It's a great way to talk through your plans and goals for real estate with people that actually understand! 

Things like this are why it's important to work with a professional who is well versed in real estate taxation because the "common/simple" strategies taught frequently like BRRR or house hacking actually get fairly complicated when it comes to handling it correctly. 

We cap the rate for utilities and actually added about 10% above our normal average this past year due to rising utility costs in our area for gas and propane.  

I’ve actually eaten at that LazyDog, it’s in a prime spot, right near the mall, so I totally get why you’re drawn to it.

What Actually Works:• Ask questions• Understand their “why.”