I just extended my lease to a 2 year lease because of this success and fully believe that this airbnb will continue to do well.The newly onboarded airbnb:So the new airbnb had a little bit of a rough start, the laundry machine had to be replaced as it stopped working whilst I was testing things out in the home, I had a bit of a higher cost setting up the airbnb, (painted and filled in cracks that were previously present) but to be honest I spent around the same I would have spent if I had to fully furnish the home.

I had spent, I believe in total around $60,000.00 putting this flip in this guys backyard.

I spent the last two weeks down there house hunting but didn't see a deal that made sense in my model, but would love to connect with another Jax investor. 

Quote from @Victor Lin: Hey all, I have been living in Seattle for a little over 2.5 years now and I like to think I know the North Seattle area pretty well and would like to finally begin my REI journey here.I am looking to connect with other new or experienced investors in the Seattle area to mutually learn off each other and ultimately just gain more knowledge.

If you spent time playing a big part in 40+ projects then you'd see the same thing.

Increase time spent conversing with each lead that you get to learn more about how they view the property and implement reasonable changes accordingly.

Also would love to know from other members how much they spent on the last project and what is a good contigency to put on the final cost for a first timer.

99 percent of the time someone is selling a project mid-construction or after gut, it's because they already spent too much on it and know it won't work.

We have spent approximately 500k in improvements on the land in the structures and the infrastructure.

TLDR: Pre-approval seems like a good thing but it can lead to lost bookings or a time sink (has anyone spent less than 20-30 minutes on the phone with VRBO trying to fix something??).