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Just go through them, select the renovated/closely matching ones, and enter them into a model.Here's my fix & flip model, you can see the comps entered and some quick stats below them: Then I use that comp data to adjust the Sale Price in the model to what I estimate it will be (double check the resale $/sf is in-line with the comps), then adjust the purchase price until I hit my desired return level. 

Sales prices on previous built cabins are going to be driven a lot by revenue.

I also like to cross-reference that data with Facebook marketplace, craigslist, Zillow and apartments.com listings to get a really good idea of expectations for rent in a specific area.

So you have to be careful when just looking at data. 

As stated in this thread, I believe BL does not let you keep your data if you leave the platform which is not good business practice, IMO.

It's all income driven. 

The demographics and map data don't take the students into account, but they're really what's driving the market.Low property values and ever-increasing student rents are a recipe for a market when you can pick up a duplex in decent condition for $150k, and rent it for $500/bed (that's an EGI of $36,000 annually for a 3/3 duplex).

The very basics would be getting your furniture and shopping list together, keyless entry like Schlage (with backup lockbox with physical key very close as well), looking into insurance, local taxes for STRs, and moreAlot of ways to save time and make it easier to self manage with a property management software like Hospitable and data research like AirDNA.

Purchase price: $140,000 Cash invested: $35,000 Sale price: $249,900 Contributors: Peter Vekselman On 06/05/2024, Partner Driven and Preston Moore acquired this Meadowbrook Dr SE property for $140,000.