Your town may have just undergone a comprehensive reevaluation which adjusts the property values of the whole town.

Time allows for adjustments, scaling, and reinvestment in ways that short-term projects simply can’t achieve. 

Now, let's adjust structure type as that alone will get some really good focus right.

I agree that rates have naturally adjusted with the rise in the Fed rate, and it seems like the 10-14% range may become the new normal for a while.I’m curious—what’s your outlook on how this rate range will impact new investors entering the market?

Once you have selected this market, begin doing researching on the current regulations as well as the political climate regarding STRs in that market and whether or not there are any upcoming proposals on the market docket that may shift or change the current regulations.

I have financed a number of STR properties and they will usually be appraised as a pure real estate as vacant value and a cash flow adjusted commercial value, sometime separated as going concern and real property.  

However, if you bought it and managed it as a market rate apartment, your experience would be very different.My point is, I can control how fast a unit turns simply by adjusting my asking rents.  

The moisture issue and structural issue need to be addressed and you can do so before the insurance adjuster comes out.

The “methodology” the guru presents either isn’t all that profitable, isn’t as simple to enact as he suggests, and or works only with certain limits as to economic climate, geographical area, etc.2.

If you think this guy is being treated unfairly for having pitbulls by the malicious neighbors, well, the dude needs to have a lot more sense than to let his pitbulls roam free in the current media climate.