on a recent podcast Dave and Henry Washington talked about 10-15 years being a potential timeframe. 

The seller said this is in a gentrified area so there's potential to rehab this effectively and get a high payout as shown in the last comp.

The benefits of Kissimmee for a newbie is analyzing property potential is very easy - you will have a ton of carbon-copy comps to look at and the online estimators like Airdna can actually be pretty accurate. 

That said, weigh the cost of renovations against the potential increase in appraisal.

That's 50k a year gone and you are losing tax write-offs and equity potential.

., the 2006 or 2009 IECC — International Energy Conservation Code).Cost Considerations for a 90-unit or 112-unit Project:The actual cost of qualifying for the 45L tax credit depends on various factors, including:Energy Efficiency Compliance: The primary cost will come from ensuring that each unit meets the required energy efficiency standards, which typically involve energy modeling, certification from third-party energy raters, and potentially upgrading insulation, HVAC systems, windows, and other components of the building to meet the necessary performance levels.Energy Modeling: Typically, you'll need to pay for an energy consultant or engineer to model the building's energy performance and ensure it qualifies for the credit.

Start by networking with local investors, identifying target neighborhoods, running numbers on potential deals, and lining up financing so you're ready to act when the right opportunity comes up!

STRs have a huge earning potential but it's definitely something that takes a lot of time, patience, and effort these days.

@Enrique Toledo  Any update on this potential deal and what you wound up doing?

Tariffs on goods and potential reduced labor force (illegals being deported) to build.I can't see changes in S8 benefits.