While technically negotiable, the Sitzer/Burnett case revealed that the industry practice effectively standardized these rates.

ETC: February- buy a high end home at a destination location.  

Do you think its helpful & necessary for upskilling teams or is the industry not in need of it?

Here’s, the hard truth I’ve found in 45+ years in the industry; the vast majority of real estate investors, practitioners and business owners do not have a scalable activity.  

In the long term I expect Miami to outperform CPI because it is a destination location and coastal land is more constrained than inland (such as Midwest, central, etc).  

You lock in your interest rate and if rates drop you can prepay at any time and refinance at a lower rate without penalty.If the deal is commercial, whether commercial multifamily (5+ units), office, industrial, self storage, hotel, you name it...the choice becomes far more difficult. 

I started STR to offset my W2 incomes and found how easy industry was and focused last 2 years on it. 

Well known in the MH Industry?

The Sampling Method is typically used for properties with nearly identical blueprints such as fast food chains or nursing facilities.EXPERIENCE OR “RULE OF THUMB” APPROACHThis approach is based upon the specialist’s experience in the industry and their ability to estimate the costs.

I've been doing a moderate level of research around the housing industry and I am very excited and eager to jump in.