Recommend: target Class B properties, maybe Classs C+ in gentrifying neighborhoods.Run your calculations BACKWARDS to determine the purchase price for the ROI YOU WANT.Make that offer.Repeat as many times as necessary until an offer accepted.Before the 2008 Crash, we used to plan on writing 100 offers, to get maybe 10 accepted, to actually close on 1 property.It takes work to be successful!

I didnt have many bookings created a month from arrival.

But once you go down that slippery slope 99% will end up making it worse and then crash spectacularly. 

Compared to Vegas and there is hardly any land left so you wont see the same dynamics to Vegas as you did in the Crash..

How did you arrive at a 50% CoC?

If you were and lose the value of the rental, then subtract the rental amount from the total price to arrive at the reduced value to you.Are you asking HOW to negotiate a lower price based on this uncovered information concerning the property condition?  

Additionally, provide guests with the app and access code programmatically before their arrival date so that they can access the property.

It’s time to fly and create the prosperity I seek or crash and at least know I took my shot.  

Joshua,Thank you for this crash course. 100% ii was using PITI as i do with my single families, i will adjust and look at that.

so i watch the crash bros, I listen to Robert Kiyosaki's podcast - I think I'm supposed to buy lots of silver?