Quote from @Joy Daniels: I manage short-term rentals in the Sarasota area, and I'm always looking for innovative ways to boost occupancy rates year-round.From your experience, what marketing strategies have had the biggest impact on keeping your properties booked?

That metric is a little dated, but I think you can adjust it to 15%.

Depreciation lowers taxable income now but is subject to recapture at a maximum 25% rate when the property is sold.

Check their occupancy, nightly rate and amenities.

Your interest rates are low. 8.5% is around the "market rate" for owner finance buyers right now...30-yr, fully-amortizing2.

As more people placed more properties in STR inventory, and as more municipalities taxed and regulated the industry, the profitability of the overall industry has reverted to a much more aligned (lower) risk adjusted return.  

Since my adjusted basis is about 50K, am I going to have a $250K gain on my income taxes this year?

Here's a bit more in detail about how rates are calculated for DSCR loans:1.

My suggestion is to find some real estate industry surveys (via CBRE or others) and look for the MF cap rates in various cities/states/regions.

Gain is your net sales price minus your adjusted cost basis (purchase price plus capital improvements minus depreciation).