These seem like super luxury so you’re charging how much per event/day/week?

Not everyone has this luxury because they have existing financing but owning free and clear this is the loan to value that would maximize your funds. 

Luxury STR's can really perform exceptionally, I've heard St Augustine is a strong market, can't go wrong with anything Naples..Savannah is also a hot spot.

@Karl McGarvey - I'm doing a luxury flip in Orange Beach right now, but I do all of my STRs in the Destin and surrounding markets. 

Luxury property in the Bay Area will appreciate, it just may not happen on your timeline.

@Mark Norick, Its not that nobody saw your reply to what I said, its that (1) you are BIASED by virtue of the fact that you are selling a business opportunity in a related space; and (2) you have a total of 2 posts on BP.  

Yea when we move back we’ll be in a luxury apart setting for the time being which the wife loves & proximity to everything however in doing so the property would be vacant until we have a tenant.

Being in the Dominican Republic, I imagine that it could be more but it sounds like it's a luxury property so it could actually be less. @ 50%, the net income would be $120k, which would give you an ROE of less than 7%.

I am an ambitious retired network engineer who started that career after closing down my first business which was in the automobile industry، sooner later I developed an interest in investing in my property and other ones by using Airbnb. it was a really funny story to begin but you know that after one year I would be managing 33 luxury apartments distributed across one of the fastest growing communities in my country.

Do you plan on doing STRs or is this a brand new luxury 4-Plex where you may be able to get high LTR rents?