But how do you project annual occupancy with a few month sample especially if the market has seasonal fluctuations?  

Valuation fluctuates based off of various macro/micro factors.

The nightly room rate fluctuates between $150 to $275, depending on the seasons.

I thought it would be valuable to kick off a discussion about the latest economic headlines and their impacts on our strategies.1️⃣ Interest Rates on the Move: With recent fluctuations in interest rates, how are you adjusting your financing strategies for acquisitions and holding properties?

Is there a standard formula that takes into account the fluctuations of interest rates?

Interest rates are fluctuating in the 7-7.5% range, so let’s start operating under the assumption that 5-5.5% is not around the corner.

If your plan is doing STR with PM then to you it's probably not that much difference other than the income will fluctuate from season to season. 

I think that's fine as long as, and this is important, you DO NOT pay market value for the home.If you pay market value you're going to expose yourself to fluctuations.

We jump between 3-5 as pricing fluctuates.4 - Commercial Grade furniture - Wayfair (and many more) offer commercial grade options. 

I’m really curious why you measure it monthly given MTM fluctuations.