However, two council members were pushing to impose a cap on the number of STR permits issued in the city and earlier had been pushing to shut all STR's down that weren't owner occupied - similar to Denver's regulation. 

All locked up  ("suspended") losses are pushed into the future years and will eventually be unlocked when you sell.

It took me about 1 hour and I was done . now I have lots of time to get a replacement the spare covers the current  problem .I dont repair refrigerators , washing machines or dryers , its cheaper and faster just to replace .

It's good to see vacation rentals aren't being pushed away as some states are getting very strict about the whole airbnb population.

I was suspecting that there would be a push for signing up for something because events like this there's always something they want you to buy.Now I totally understand the need for having a system in place to efficiently run a business.

Now that you know how to calculate the current value or potential purchase price on the property...let's talk about determining ARV on this asset. 1) Do a complete rent comp analysis to determine if there is room to push the rents higher2) If there is room to increase rents...then you can start to determine what the value of the property would be after increasing the rents. 3) This will then allow you to back track to determine how much you would be willing to spend per door on CapEx improvements to achieve the rent premium.

One 2 Bd apt. and two houses, 5 bed's each.Financing Approach:80% Bank20% 10% down payment10% seller financing - terms to be negotiatedAnnual Financials:-5% vacancy (the market is emerging and vacancy is very low - we know this because we own a 4-unit in the same area, purchased from the same seller)-Rent roll: $55,800 - can be pushed up by $4,800 conservatively after rehabbing-Property Taxes: $4,277 -Insurance: $1,619-Maintenance / Capex: $11,160 (projected - 20% of rents)-Water / Sewer / Utilities: $6,200-Property Management: $3,600 In summary:At purchase:-$55,800 gross income-$21,903 total expensesPro-forma:-$60,600 gross income-$22,529 total expenses We want to get your thoughts on this deal.

Turns out another tenant in the building has suddenly started with the same type of behavior, trying to push lease terms, and trying to dictate when we can send our service guys in, always on their terms, never meeting half way. 

We bought a new stainless steel refrigerator, pressure washed the house as well as the deck and painted the front railing.

Sometimes they can get a little uppity about this and push back (somewhat rightfully so depending on how they're getting paid).