Hey Devin, They can definitely be overwhelming, but they’re crucial for making informed decisions in real estate.As a hard money lender, I often focus on a few key metrics when analyzing deals:ROI (Return on Investment): This is fundamental for assessing the overall profitability of a deal.

Focus on the fundamentals of the real estate and stop chasing an arbitrary door count.

Feel free to share what’s most important to you and any other factors that influence your decision-making process.Hey Jeff,I think fundamentally it is finding a group that says 'yes'.

A common mistake I observe are investors focused on unit count rather than the fundamentals of the underlying real estate that's being bought.

Lots of people think that STR is just instant cashflow, but it is fundamentally a different business model.

Posters will chime in on recommended strategy but real estate is extremely localized and the fundamentals of the real estate in any given market are what should be dictating your investment strategy not arbitrarily deciding to buy single family homes vs. duplexes. 

Fundamentally the point I was trying to get across in my original post wasn’t about my due diligence, its that the cost of known and unknown repairs when you first acquire a REI is way higher than people seem to anticipate.The way my tax person explained it is the 25K limit you’re talking about is the limit to losses you can claim per property per year, I haven’t hit that for any property individually so it works out.

It looks like they are taking cues from recent regulations implemented in Arlington, TX.That being said, the success of short-term rentals (STRs) boils down to fundamental factors such as location, pricing, and execution.

Maybe you just think it's your way or the highway and don't get that someone could be successful with another approach.The fact on relying on appreciation in California is that we can't control the fundamentals of the economy that produce that appreciation.

I would target properties that meet your objective, what ever it is make sure that it is in alignment with fundamentals.