I know current guidelines prefer comps within six months, but stable, low-turnover neighborhoods can often support a longer look-back period - especially for matched pairs analysis within a given subdivision.

STR's can charge a significant rate when a SFR is large and can accommodate for large amount of people whereas STR tenants prefer privacy and usually travel individually or in pairs so 2 bedroom properties work really well for them.

And sometimes it's nice getting a second pair of (disinterested) eyes on things.

I figured everything you were saying is true but I’m completely new to real estate investing and just wanted to make sure and get another pair of eyes on it. 

Chris Erwin I'd connect with Jarrod Cook and J Benoit They can help you out!

We just sold 2 rehabbed and rented at $850 and $825 for 108K for the pair.

Even if you're a strong pair together, please prepare based on business logic, not emotions.

http://www.mysanantonio.com/business/article/Financial-roof-falls-in-on-pair-of-house-flippers-4559692.php

Thanks J Benoit for putting together another excellent meetup!

Where is the sweet spot of lower purchase price paired with higher rates?