I would like to add that grading is more accurate if properties and neighborhoods are graded separately.

I currently own a successful short-term rental in Fort Lauderdale and have identified a new property nearby that I’m confident will perform well.

Essentially, it was one account with the bank tracking individual tenant details on your behalf.That said, it’s critical to ensure your financial records remain accurate by reconciling the account on a monthly basis.

One thing NOT in their contracts is their performance numbers.

Now, there are OTHER things that you need, so if you could give more details then that would help us answer this a little more accurately.

The real estate agents who are knowledgeable and doing a lot of deals each month will be the ones who can get you these accurate numbers.

Alternatively if they all love the deal, that's also likely a good sign.You can get a dog of a property in a crap neighborhood that will yield a 13.6% gross cap (not saying yours is), but that certainly doesn't tell the whole financial picture of how the asset will perform.

I am perfectly fine holding X amount in real estate.If I do see an opportunity another option is to lock it up and sell one of my existing if I think this property will perform or appreciate significantly more.

I even do write ups on my blog where I share their performance and outline the challenges I faced with each one.Why do I do this?

Dump the thing and either hang on to the cash while you find a performing asset or 1031 into something that does perform.