Living 10 min away becomes a luxury.

I have one contact that specializes in luxury and another that is more for "average" STR's.

Some are rustic while others are luxury.

@Anibal Mijangos Seems more hype then anything unless you can lock down a luxury home like @Andrew Steffens did where the cash flow truly becomes significant.

its crazy you have section 8 projects . and the ICE housing is brand new or almost new luxury hotels :)

.- Detailed City Stats: Includes ADR (Average Daily Rate), OCC (Occupancy Rate), and revenue by bedroom count across different zip codes, top performers for that zip and what luxury properties are earning.- Target Guest Persona: Developed based on guest traffic and behaviors, two most common guest types that travel to this market and what their likes and dislikes are.- Guest Feedback Analysis: Derived from guest reviews to pinpoint strengths and areas for improvement.- Amenities Overview: Shares % of most sought after amenities in each market- Design Trends: Trends observed in top-performing properties.- Top Property Links: Direct links to benchmark against leading properties in each marketLooking forward to your thoughts and suggestions! 

Minimum profit requirement ($50k), rehab cannot exceed purchase price and under $600k ARV (we don't touch luxury homes because of DOM.

For larger luxury Scottsdale properties you may want to look into what Parson's Villas can do with your property.Originally posted by @Melanie Johnston:@Ryan Paltridge I have helped 3 BiggerPockets investors buy 4 STRs in Scottsdale in the last 12 months.My recommendation would be to concentrate on zip codes in popular locations that also have more non-HOA options.These would be 85251, 85250, 85257 for options near Old Town.

Pools are also not permitted with Streamline OptionFull Repair OptionMinimum of $5,000 in improvements203k Consultant is requiredFHA Approved Single Family “construction manager” who oversees and inspects the rehabilitation work from start to finishNearly any type of repairs is allowed (luxury items are not).

Then remove the luxury homes and boutique hotels listing on Airbnb you will remove another 5-10%.