You're looking miles deep, but you haven't even gone 1 step on mile 1 5280 steps in.

The market rate for a full-service STR co-hosting company is 25% gross after cleaning fees.On average the following would be included... 24/7 guest communication, vender oversight, weekly updates on the OTA listings, make sure maintenance and deep cleanings get done...but owner pays the expense, stain removal on linens, marketing the property, keep supplies stocked...again owner pays the expense, keep property guidebooks updated (digital copy and hard copy), security (locks, cameras etc.) oversight, bi-weekly pricing software management, walk the property regularly, provide monthly reports, and obviously any guest problems that arise time to time.

I'm Alexander Davila from Mundelein IL (Little Suburb North of Chicago), I've been digging deep about real estate investing for little more than 6 months.

To properly value a park requires a fairly deep understanding of how they will operate, given all the potential variables.

Deep clean4.

With a deep passion for NYC's unique real estate market, I specialize in helping investors and professionals make informed and profitable decisions.

I don't want to analyze deals to deep because i wont buy for maybe another 8 months or so but is there anything yall can recommend that i can be doing now to help me when it comes down to analyzing deals?

I still think a lipstick rehab is ok for a first-time investor, but you just have to be careful about getting in too deep on your first deal.

What makes a market rough is the barrier of entry to “real deals”.In competitive markets the MLS numbers won’t work for a disciplined investor and good markets are flooded with cash buyers who overpay either cause they have deep pockets or they don’t know any better.  

I wanted to reach out to this amazing community because I’m working on something exciting and could use a bit of guidance.For the past 15 years, I’ve been deep in the world of real estate investing, and it’s truly changed my life.