Avoid basing it on uncontrollable factors like taxes or insurance.

They will base their DSCR calculation on the market rent 1007.

Quote from @Brandon Croucier: Financing a commercial MF that runs as an STR is possible.Appraising a property based on the income is not, whos to say a buyer would STR the property. 

Lenders usually determine whether properties are lendable based on the debt service coverage ratio. 

we ran into this in FLA  a few years back when I had 4 starts and I exited that market.. permits  sub base all pretty tough for someone who is not there and already knows the systems hands down and has a devoted loyal sub base.. thats the key in my mind.

Quote from @Spencer Thomas: Quote from @Dominic Mazzarella: Quote from @Spencer Thomas: View report*This link comes directly from our calculators, based on information input by the member who posted.What do you all think of the deal and how I analyze it? 

Since you know what you need to buy it at and an average rehab cost, I would say $50-70k for a cosmetic flip, set the ARV based on the sample you choose and doing comps and ask them if they would invest in a deal similar to this. 

I adjust pricing based on demand, like raising rates during peak season or local events, and lowering them in slower months to stay competitive.

For someone active on BP and based in Dallas, TX, I'd recommend @Joshua Thompson.

I am based out of Westchester County, NY, looking to invest in multifamily properties.