Lots of exit options, knowledge of rents on identical buildings down the street How did you find this deal and how did you negotiate it?

I have rented many things in my over 40 years of life including, automobiles from Enterprise, AVIS, Hertz, boats or sea craft from various establishments in various states, and yes countless hotels around the world.Instead of asking me for a deposit they feel entitled to and SS# that is the most sacred of identity data, they simply put a hold on my credit card.

Profit margins are identical to the new construction multifamily development I’m doing now, just with smaller sales price and smaller build price

That means that's a town that has had no growth in 50 years and little appreciation too.One of the areas where I have bought, I sold a property in 2008, then sold the identical property next door in 2013 for 60% less. 

I actually have someone in contract with a situation almost identical.

@Mio Chee set up is for sure a hard thing to look at, I would love to set up the Aanonimity but it seems diluted and hard, anything that seems that complex to hide your identity just doesn't feel right, hence how easy it is to pierce the vail. but I do believe in the deterrent to keep their form digging too hard.

Let's look at an example of why you can't necessarily say that if cash flow is good, your CoC return will be higher:If you take two identical properties that are right next door to each other and you pay cash for them.

Turn on (only) one same watt incandescent bulb in each unit and see if the meters spin identical, or if one  is a little faster.Running the A/C?

Here is a scenario and questioning how I may project nightly rate and occupancy:I'm going to round up numbers to make it easy.House for sale that is 3/2 and is essentially identical to a local (1 mile away) high performing STR, same rooms, baths and beds and yard etc.The high performing STR has over 200 reviews and is 4.85 in AIRBNB.It is charging an average of $200 a night with dynamic pricing and looks like it is booked at about 80% occupancy.Assuming I buy the new place, fix it up and outfit it the same as the local STR, what % could I expect just starting out relative to an established STR in the same market (neighborhood)?

@Isaiah York - If you are in this to build a portfolio of rental properties, then make your life easier and come up with a standard "tenant proof" rehab template that is as identical as possible across ALL of your properties.