Due to Hurricane Helene, we had to unilaterally cancel a number of guest bookings in Cocke County, TN.  While no properties actually flooded, the entire area was a disaster - roads destroyed, rescues, loss of power, a...

We mainly do developments of Self Storage locations.  

Is there an app that will layout a small scale development?

The land represents ~1% of the purchaseOn the contrary - if you purchase a $2 MM shack in manhattan on a postage stamp lot, the land could represent 99%Lever 2 - % of the property with a shorter useful life.Not all parts of a piece of real estate are depreciated at the same speed.Certain personal property assets have SHORTER lifespans in the eyes of the IRS vs the standard 27.5/39 year livesProperties with tons of this often have:- Over-developed land sites (hardscaping, pools, retaining walls)- Fancy Fixtures- Fancy Furniture (STRs!)

I’ve developed a number of small condo communities in Philly. 

To be successful right now in STR, you either need to go all out and beat everyone else on their table stakes (pickleball, basketball, game rooms, saunas, hot tubs, etc.) or you need to understand the market better than anyone and pick a niche for that market.Right now, you are one post in and just asking for someone to tell you anywhere in the United States to invest, which is silly.

Long-Term PerspectiveBe Patient: Real estate investing is often a long-term game.

It is actually another conversion factor which can be used in your ads and adds both a connection option and “eye real estate”The Google Ads game is already highly competitive in today’s market and requires an investment of several thousand dollars per month to see serious traction.

I personally don't see a problem paying a couple of extra pts for a 1% reduction in the loan but some people I know are very adamant that we shouldn't be paying pts at this time in the game.

I'd love for that to happen, but I have not seen any indications of this development.