@Dave Foster you seem to be a pro in this area, would you mind sharing your view on my parents' situation above? 

Additional Info —Key Details:Location: Outside Santa Fe, NMProperty Size: 20 acres (valued at $80,000)Project: Two new STR unitsExisting Experience: Family has two fully-occupied LTRs nearby, generating $2,000/monthConstruction Approach: Self-contracted with licensed trades for electrical/plumbingCost Assumption: $80,000 per unit, plus ~20% for inflation (based on 5–8-year-old build costs)Financing: Using land equity as down payment on construction loan (expecting closing costs to be major expense)Request: Looking for feedback, potential pitfalls, and general guidance

I have extensive experience there doing about 500 deals , thousands of repairs/ renovations and move in and outsAll the best 

People of all experience levels come and share their insight!

I’ve been manually scouring Zillow/MLS for deals, but it’s time-consuming, and I’d love to streamline this.2.Has anyone experimented with using machine learning models (like classifiers or regression models) to rate properties based on their condition from MLS listing photos?

Would love to share info as we get it.

@Amanda Lindsay Which property management software did you end up going with and how is your experience?

open to any advice, recommendations or past experiences.  

Would love to keep the conversation going and learn more from your experience!

The data @Devin Conley posted is pretty solid from my experience (I do not know Devin nor how he sourced the data, just going by my own investing experience).