Purchase price, make ready cost and expected annual gross revenue?

You will want to run projections on each individual property to ensure that it will produce enough revenue during peak season to cover your low season months.

Typically those don't have much chance of achieving their revenue growth or profit targets.  

I like to think our company goes the extra mile to maximize bookings and revenue for our clients.

Then, one could target that subset and reach out to owners knowing that there is "upside" in revenue.

So-- I've built a co-living company, that has just reached 10 properties and $50K a month in revenues.

Also using dynamic software pricing can help increase revenue. 

There are pros and cons to long term and short term from a rental management side, and purchase/acquisition.Long term = lower vacancy, lower expenses, potentially lower revenueShort Term = higher vacancy, higher expenses, potential for higher revenue, financing is more expensive than long term rentalsWatch out for local STR regulations, they vary from city to city.

Making a decent profit has everything to do with the right market...each and every one is different in guest avatar, ADR, and yearly revenue...the property itself, and the host and how knowledgeable they are on the STR industry right now because that is also an ever-changing landscape!  

With that said, my goal with advance booking is to bring-in a decent amount of revenue during the offseason (winter), but don't want to scare anyone away with a large initial deposit, and of course I'd like to discourage cancellations.