Here's what I've learned:Inspections Are Non-Negotiable: Always get a full inspection, but don’t stop there.Plumbing & Sewer: Have the plumbing and sewer systems checked specifically, as these are common problem areas in older homes.Electrical System: If the inspector flags any electrical concerns, bring in an electrician during the inspection phase for a detailed evaluation.

I have been reaching out and evaluating a few different sponsors.

I know apps like AirDNA are popular for assessing short-term rental data, but I’d love to hear what other tools or platforms you all use to evaluate markets and find promising investment properties.Questions for You:•What apps or resources do you recommend for analyzing real estate markets and identifying strong investment opportunities?

Experience, licensing, etc are all things lender will take into consideration when evaluating a deal and the more you can show the lender the more comfortable they will be and can often result in more competitive terms, etc

Having a clear idea of what a good deal is for you is going to help you focus. 2) Use these metrics to go evaluate different markets.

Evaluate the inventory: Take inventory of all your furniture, decor, and kitchenware.

So much so, that according to AirDNA data there are 4000+ properties on airbnb / vrbo in this destination, though the property that I am evaluating has been used as a primary residence and has no rental history.

That said, we have this exact application that we have looked at/evaluated with one of our properties (duplex) that has separately metered electrical but one central air unit. 

I would recommend hiring an accountant to do an evaluation of the business.

A great opportunity to evaluate a deal yourself and then see how a pro like Dave evaluates deals and see if there's any insights you might not have picked up on yet.