Today converting to STR is so mundane that the STR potential is built into the selling price and therefore typically it cannot be a value add (I do leave room for places such as a casino is opening in 6 months and the sellers have not yet factored the resulting STR potential into the price as an exception).BTW 2021 and its over 20% RE appreciation has helped these numbers, but they were already outstanding. 

He's a very experienced and successful developer that has done over $1.5 billion in real estate deals in the city of Detroit -- including large multi-family, commercial, casino, mixed use, single family, and more.

I'm thrilled to join this forum and be a part of this amazing community.

I find it difficult because I can only work with clients in the evening, and I sometimes have to rush out of my day job which doesn't thrill my bosses.

Hello BP,I just had to share my recent experience with Section 8 rentals, and I couldn't be more thrilled.

Traditionally the RE market has lagged in this area but Caesar’s is building a casino in town, and has already opened up a temporary building that opened up last month.

If you aren't aware, Danville VA is EXPLODING at the moment with the new Casear's Casino under development.

This is both thrilling and terrifying, but as @Brandon Turner often says I’m “doing it scared” (LOL) I’m set to close in a couple of weeks!

With the naval hospital in the area, and a casino coming to the city soon it does feel like an area of good potential opportunity and growth.Also a few off market properties have been dealing with contract owners.

Gary Fuchita I am thrilled that you have found this adventure of mine encouraging.