Diversification into multifamily also lowers risk compared to a single rental, as vacancies won’t affect your income as drastically.3.

I create a simple spreadsheet and compare my CoC return and Return on Equity (ROE).

Quote from @Ryan Pham: Is there a reliable way for to est income of a furnish / short term / airbnb  incomevs long time income ( I know this can be est looking at comparable posting in same area )I have a 3 bed / 1 bath small townhome ( hoa approved ) I like to try to fully furnish and do airbnb / fully furnish rentalThis unit is 1 mile from Banner Desert Medical Center ( traveling nurse ?

Are they offering competitive rates and terms compared to other lenders in your area?

Given you and your investor both have experience in different areas, I’d say keep a flexible approach and compare city requirements before putting too much money down.

That’s a 6.7% jump compared to last year and 3.6% higher than November.

The city also benefits from a relatively low cost of living compared to other major cities, attracting both renters and investors.

Probably more like 99.5%.I acknowledge that the commercial real estate scene is a group of business people who are much more polished, sophisticated, and high net worth (compared to residential).

You'll have a slight disadvantage compared to the local population, but nothing that should crush you.

We don’t know any PMCs to recommend in the Cape Coral/fort Meyers area, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.