Keep renting it out, start to increase the rents, and continue to watch it appreciate.2.

This summer they increased the fee 50% which was disappointing. 

You have no guarantee that the company's value will increase or decrease but you have every reason to believe that over time it will do well.

And with more renovations, you will start to get better at ball parking things, but even then you will always uncover items, so make sure you are baking in enough profit, even after conservative renovation budgets to feel confident you won't lose money.

It helps me to feel more confident in allowing the termination and waiving the fee.

We plan to remove the carpet next year and install LVF to increase property's value and potentially bump the rent. 

I think that if you play around with the right deals, you will find that return does increase if you lever up to 50%, but if the debt is negative leverage (interest rate higher than the cap rate, going to max LTV can actually decrease your returns due to this dynamic. 

I think it’s a fair approach, so I feel pretty confident about including it.Thanks again for your insights, Abel, and all the best to you!

So, increased efficiency for certain tasks with QBO. 

Our local organizations do a lot - we have representatives meeting with council members, a professional PR firm to help change the narrative on STR's here on the islands, and we're working towards increasing our own lobbying power.