The data @Devin Conley posted is pretty solid from my experience (I do not know Devin nor how he sourced the data, just going by my own investing experience).  

I'm new to real estate investing in general but excited to learn about all the complexities, intricacies, and varieties. 

I read an article I thought articulated this very well, we are seeing the collapse of a very complex system and this the fruit.  

Condo's are usually on the cheaper end of cost for appraisal reports, typically not $750 (but if it's a high end condo or in an area with there's some complexity, the fee can reflect that). 

Use tools like AirDNA or Mashvisor to provide market data on projected rental income and occupancy rates, and make sure your lender works with appraisers familiar with short-term rentals.

Hello @Yooni Choi,While managing an out-of-state rental property yourself might seem like a money-saving strategy, the reality is much more complex.

For me, I specialize in data-driven design.

Now I’m sure BP has all the data and statistics to so h the know better than me what people like and want to hear.

Any capital improvements on a not owned yet property would involve a complex 1031 you’d want someone like @Dave Foster involved in. 

Deals like this do exist out there.In a previous post, I put a graphic of my returns, and you accused me of using data for single family returns.