They've got charm, attractions, and might need a bit of tender love and care.

For further details on this parameter, please consult our user guide.We have allocated a budget of $15,000 for renovations / refurbishments.The purchase price of a 2-bedroom / 2-bathroom unit in this area is $498,000, with 5% of this price allocated for closing costs.A turnover cost of $175 per booking has been factored in, with no rental management fee assumed, indicating that you will manage bookings and cleaning services independently.The mortgage rate is set at a fixed 7% per year, with an 80% loan-to-value ratio (LTV) and a 20-year term.For the remaining parameters in our financial model, please refer to the image above.Taking these values into account, below are the results of the financial case study.Some insights:The results show the anticipated performance of a 2-bedroom / 2-bathroom unit in the southwestern area of Okaloosa Island, Florida.Expected gross revenue amounts to $78,240, derived from 47 bookings with an average stay of 5 days at an average daily rate of $325 (inclusive of cleaning fees).Total yearly expenses add up to $68,014, encompassing various costs from private mortgage insurance (PMI) to property taxes and annual loan repayments.The cash required for this deal totals $139,550, incorporating the 20% down payment for the mortgage, 5% closing costs, and the $15,000 renovations budget.Pre-tax net revenue stands at $10,226, representing a 7.33% cash-on-cash (CoC) return.The annual return on investment (ROI) is 1.9%, excluding value appreciation.

Boostly also encompasses a weekly podcast and a Facebook community that you can join to exchange ideas with other property owners.Other options include using bigger and better Channel managers like RentalsUnited https://rentalsunited.com/Or NextPax https://nextpax.com/channel-manager/integrations/channel-par...The more viability the better helps you get through the slower season. 

@John Morgan I had a really bad rehab that had the same issue and just rolled the dice and had the hardwood sanded/refinished and it worked like a charm.

(Section 8 is sort of a broad term and can encompass any tenant receiving housing assistance from a govt authority. 

Frankly you may have to decide between a) insulation value, b) historic charm or c) cost/budget..... you probably will not be able to get all three.....So first just be aware that this 'exciting' journey will be very costly (in my experience) so determine the project budget first and see how much your ROI will suffer (it will) and if that is worth it to you. 

Each city has its unique charm and challenges, so finding the right fit for your lifestyle and real estate goals is crucial.

A home boasting 4 bedrooms and 1 bathroom, ideally situated in the charming neighborhood of Upper Darby.

Let's talk about those charming 1900-era homes in Columbus and what to watch out for.

Beginning in the 2010s, it came to encompass a broader awareness of social inequalities such as racial injustice, sexism, and denial of LGBT rights.”