I've only briefly used BNBCalc, but I've heard long-term STR operators that have underwritten thousands of properties, say they would only use BNBCalc along with Airdna.

You have a requirement for standard normal operation.

It all comes down to the quality of the operator.

However, some costs like repairs, maintenance, and certain other operating expenses incurred while the property is being rented out can be deducted in the year they are incurred.

This is a ground-up development coordinated by CC&F (https://ccfne.com/), an operator that has been in business for 120 years and has built over 100 million sq ft of commercial real estate.

What kind of due diligence did you do on the operator before you handed over your money?

Now you're operating a triplex, essentially, with 2 income-bearing units, even though the street might be zoned for SFH only, and it's totally legal (assuming appropriate setback etc etc).

@Brian Hudson,I run a turnkey single-family operation in Chattanooga so I’d be happy to chime in.As I’m sure you know, the extent to which a property cash flows (or not) is going to be determined by how levered your capital structure is.

There are ~90 locations across the U.S. supporting the day-to-day operations of our construction crews.

The front part of the property is a house, while the daycare operates in the back.The woman currently leases the daycare space and wants to stay, but the seller is looking to offload the property because he doesn’t want to handle the updates or renovations it needs, which are significant.