After conducting thorough due diligence, including a professional inspection and market analysis, the property was acquired for $72,000.Renovation and TransformationThe renovation aimed to modernize the property, enhance its appeal to potential tenants, and maximize its long-term value.

There are a wide variety of amenities that will enhance the guest experience.Some lower cost ideas for 'fun amenities' could be...

Occupancy is down.  

That tenant is gone now but it is something I go over on occupancy as unacceptable. 

(An owner occupant.)

Even with 100% occupancy, I don't see how anyone could make money.

            # UNITS         Occupancy           Yearly Revenue (EUR)TOTAL MARKET               530                33%               994Single Bedroom                114                21%             5,120Studio                 7               31%              9,6761 BR               95               37%              7,5942BR             138              37%            10,7643 BR              97              36%            13,1224 BR              34              24%             18,2625 BR +              45              23%             21,225#These are just the average values, then the top rental properties by revenue (EUR) are:1st - 84.912 EUR: www.airbnb.com/rooms/10051002nd - 82.219 EUR: www.airbnb.com/rooms/152479023rd - 79.497 EUR: www.airbnb.com/rooms/13569807#I also have the data by category of property (studio, 1 BR, 2 BR, etc) in case someone is interested.Be well.

What if your occupancy rate is 90%?

You pay a higher price for beautiful properties because you are competing with owner occupants. 

Get some Airbnb's in your portfolio and build your net worth and income then branch into apartment/condos/hotel investing where the occupancy rates are 85% or higher.