Understand why conservative underwriting is desired. 

ARV: Be conservative on your ARV since the appraisal concerns one person’s opinion.Timeline: Whatever a contractor says, add 4-8 weeks and budget for those holding costs. 

Assuming a very conservative valuation of 60k per property (I think upstream you said they were closer to 90k or something?)

Then when the same trustworthy individual that guided them through the world of real estate offered them simpler note investing option at an even higher return, it seemed like an easy win and his podcast listeners jumped on it.The actual net return for real estate multi family equity investment Core-Based Class A in "kosher way" may be around 1-3% these days annualized, a conservative private note return should be between 7-8% these days.

But you can leverage a bit more conservative to get the cashflow to where you want it.Multifamily is a good strategy, but not the only/best.

Rabbu: Rabbu is a free tool to analyze STRs, but provides a significantly more conservative look than realized data, and tends to be less accurate than AirDNA.

This is being very conservative with all the numbers, if anyone is interested in specifics I can provide in a pm.Super excited, as now I have a target AND a plan for my goal.lets ****ing go.

To be conservative, I assumed rents will be on the lower end of the spectrum.

In regards to the numbers you're calculating they seem to be relatively conservative in my opinion, to be direct it's more than I use for homes that are in good condition.

Here's what I'm accounting for currently:Mortgage (P&I)InsuranceTaxesElectricWaterTrashInternetVRBO/Airbnb feesGeneral/RepairsCleaning (though these will be passed through)If i'm super conservative on my monthly rate, I will need to rent the unit 10 nights/month to break even, if I am more realistic with the rate (according to my realtor who runs two STRs), i'll need to rent it 7-8 nights/month to do so.