Upgrading fixtures, adding modern tile, and improving lighting can make a big impact.

Well, I do not know ANYTHING specific about the deal in question, the sponsors, or how the subject is organized, BUT as a syndicator/fund manager I will tell you the greatest risk faced by the limited partner/passive investor is NOT interest rate risk; NOT demographics risk; and not TECHNOLOGY risk; it is the risks that occur IF the sponsor’s interests are NOT aligned with the investors interests.

Know the house and the finishes, if its out date stage it to look modern or make some renderings of the updates.

If you operate an STR, gross income is your total rent paid by your guests, before any subtractions.To figure out your taxes, you take this gross income and subtract from it all allowable business expenses: marketing, education, technology, licenses and fees (including Airbnb and credit card fees), office expenses, business driving and so on.

Just like with multifamily buildings, the more modern and move-in-ready a property is, the less potential there is for adding value, which can limit your return on investment.I suggest looking for off-market properties.

For example, I was looking in Cape Coral and there were nice modern homes with swimming pools doing barely $30k, whereas a pool in many other markets is a major advantage.

I am a 30 year old technology(data science) professional who has been dabbling in real estate as a side gig.

City leaders are optimistic that these developments will help transform Long Beach into a modern tourism and business hub.

Right now we use American modern insurance group.

Don't think technology to increase, think your property and how it shows and looks.