Property needed some TLC as it had some termite damage and active infestation at time of move in, got quotes from contractors to replace some studs but all quotes came in too high so ended up doing most of the work on the home myself which meant the home sat vacant until January 2025 at which point i placed on rental sites but still waiting for vacancy to be filled.

Today, we’re focusing on paint, fixtures, and all the details that give your rehab a polished, move-in-ready look.Step 34: Paint – Interior & ExteriorFresh paint is one of the easiest and most affordable ways to give a home a clean, updated feel.Interior paint: Touch up walls, ceilings, trim, and doors.

Quote from @Denver McClure: Hey @Buck Dabill, if AirDNA isn't giving you quality data, then I would suggest manually scrapping similar properties on the lake via Airbnb, VRBO, and Vacasa.

If STRs are banned in your area after you’ve invested in a high-end property, you still have several options to generate rental income:1.

For the high equity ones, you can possibly do a Equity Split, Subject To, Carry Back/Seller Financing,  etc. 

It is balance sheet heavy but for some reason, most investors in BP are just focused on P&L and they stick with these free accounting platform that doesn't even utilize the Balance Sheet.A lot of the time when I clean up client's books, it's mainly in the balance sheet that needs to be fixed up.

The real estate market in the High Country (Ashe, Avery, and Watauga Counties) is showing mixed signals, presenting both opportunities and challenges for investors.Prices are rising – The median sales price jumped to $472,500, a 13.4% increase year-over-year and a 23% spike from last month.

But the cap rate is at 2.8% and being about 24 years old home and its "high end renters" is a continual expense for repairs and upgrades.

Yawn …the market went from bizzerk to normalizing , no need to hit the fire alarm quite yet , my STR in FL is doing fine, yes I’d like more cash flow and expenses are high but I’m a buy and hold, FL will always be a top vacation destination.

Quote from @Teryl West: I'm a bit leery when prospective tenant tells me they are really clean because some landlords just want to get rid of a problem tenant.