As we reach deeper into the real estate recovery cycle, profitable deals are getting harder to find.

There area  few great deals that require around 500k cash, and even if we split profits and equity with someone then the work doesn't seem to justify the profit.

But overall, it's been profitable. 

But before we go on the quest for all the fancy amenities, I think a lot of STR owners should focus on the basics first.Just my .02I agree, but assuming you already have the solid basics like a nice, clean place and you want to figure out how to choose the best amenities to make your place stand out and increase profitability, the tool I’m trying to find is what I’m asking about. 

But per lot it will cost roughly the following:$1,500 Electrical poles, meter installation $2,000 water taps and connections$5,000 grading and land prep$8,000 septic installation (assuming a 1:1 ratio of homes to 1000 gallon septics)$5,000 down payment on each home ($700-750 / thereafter per unit)$21,500 total set up x 17 = $365,000Ongoing expenses after development would look something this for POH model: $12,750 a month in mobile home mortgages (17 x 750 for PITI on each unit) $1,900 a month in land mortgage PITI (house) $3,000 a month landscaping$2,000 a month in reserve emergency fund$2,200 management$21,850 a month total expenses $262,200‬/yearOngoing incomes after development would look something this for POH model:$27,000/month ($1500 x 18 {17 mobile homes plus house})$324,000/year324k-262,2k = 61,800 net pre-tax profit or $5,150/month.Opportunities to reduce start up expenses: Bulk deals with the government or contractors for doing all the work at once (electrical, water, land grading, septic) Trade free rent for someone to mow and landscape (turning a $3k event into a $650 event every month).

Rented at top of the market and was able to sell after 5 years of generating 30k annually, at a rougly 125k profit above what was spent to purchase and renovate.

We have been flipping for about 10 years in U.S and we definitely understand that there may be many rules, laws and regulations limiting the ability to flip for a profit worth the effort.

They are profitable, modestly so, and the real opportunity here is long term. 

We are living in the GREATEST housing 4 profit enviroment EVER in our life times, our parents, grandparents EVER! 

Builders typically charge 2-3X the market rate for those items, which becomes a new profit center for them, since you'd be throwing that credit away if you didn't use them.