And I am not sure if that's because luxury property rentals just don't have the same ADR here in comparison to other markets - in a lot of other markets even as far as West Virginia in harpers ferry you can easily charge $800+ in those markets, whereas inWe haven't purchased the area in Airdna or Pricelabs as we are just looking at the data at a high level right now before we commit to that one area since we are looking at a couple of other properties too.

They are usually paid a fee of 25%, 30%, or 35% on the taxes they save you, IF they are able to achieve a property value reduction. 

By leveraging your equity, considering new investment types, and possibly bringing in partners or professional management, you can continue to grow your portfolio and achieve your financial independence goals.Best of luck, and keep us updated on your progress!

In fact, the latest Census data shows the suburbs are losing population to Detroit proper. 

If so was the AirDNA data accurate? 

Search for "Achieve Financial Freedom 4x Faster with the “ROE Rule” of Real Estate"My gut: If you're ROE is low and you can sell it cap gains free, then sell it and smile to the bank.

If you have your data on the purchases, organize it into Form 8949 or an equivalent spreadsheet.

My costs might have been high and my rents too low so don't take my one data point as the answer without doing your own research.

Hi all,I have recently established my land acquisition business with the goal to purchase parcels of land, either within data center opportunity zones or areas with the potential to allow for data center development, rezone the property with submitted plans, then sell to developers ‘shovel-ready’ within the various jurisdictions of the Commonwealth of Virginia.I understand there are multiple mechanisms that come into play including obtaining financing (partnering with an experienced investor), utilizing land-use attorneys, land surveying and engineering firms, appraisers, as well as approval from local planning commissions, board of supervisors, etc.Would there be any investors who are currently active in this niche?

Our closest competitor in Smithfield has achieved an ADR of $140 and RevPAR of $105 in 2022 and 2023, leading us to believe that a new mid-scale extended-stay property can achieve similar numbers.We welcome any insights from those in the hospitality industry on any aspect of this project.