Right now we use American modern insurance group.

I've been in the insurance claims business for 20 years and not everyone gets that a modern mobile home tends to weather a hurricane better than most framed homes.

We handled everything from redesigning the layout to modernizing fixtures and improving the curb appeal.

Keeping on topic..from a real estate perspective, the demographic is younger, more transient and likely to demand newer and modern amenities.

The benchmark is what people do for pro formas and try to re-write history in the future, it never works that way.I've been deeper than anybody here in physical asset investing, albeit not REI, and it's just not the case that history is relevant.

A killer / modern 5bdr or 2bdr with a view or on water could be another story!

Cap rates for hospitality properties are typically higher than traditional rentals because of the additional operational work, but they can still give you a solid benchmark for comparison.7.

A minimum of 20% equity is my benchmark, ensuring I dont find myself upsupside down on my investment.Positive Cash Flow by the Conclusion of Year One:I aim for a positive cash flow figure at the end of the first year.

I personally think it's way too easy to escape debts in modern society, so I'm curious to know the mechanics of this particular situation.

We invested $20,000 in renovations, modernizing the home and increasing its appeal.