This allows you to safely minimize your risk category for next 5-10 years plus suppresses future supply and helps your longevity of consistent returns.

A lot of people are jumping into this market in hopes of making easy money but are experiencing dwindling profits due to competition suppressing nightly rates. 

With this new Administration, we have current Inflation at greater than 5% and that will last as long as they suppress our Energy Production etc.

You can look at the current Assessed Value, the suppressed value they are paying taxes on and compare that to the shown Market value…do the math, that’s what you will be paying tax on.

- Mulch flower beds to suppress weeds, retain moisture, and provide a tidy appearance.Chill Tips: - Mix perennials with annuals for a year-round burst of color and varied textures

With short term rentals the seasonality suppresses the gross rental revenue to get great cash flow unless you come in with 50%+ down, with that kind of down I can find vacation rentals starting in the $350k range that will show decent cash flow.

Improvements:   (budget $125-150K)Renovation of rooms into private rooms - add walls/baths2 story, I consider personal elevators rather than StairliftsFire Suppressions system tied to Alarm System (including door security)Deploy personal scanning technology to detect falls, activities of every resident, inside and in the enclosed yard. 

What about the fire suppression system? 

The one issue that might pop up is Fire suppression systems.  

I don't know the details of the property, but if there are some risks that are just a "No Go", such as frying food without proper exhaust and fire suppression systems, that could make it uninsurable in this market.