You will quickly see how you compare in all those categories.

Additionally, when comparing whether to build a single family portfolio or a comparable multi-family portfolio, you should also keep in mind the transactional costs involved.

If you have high W2 income, the amount your STR makes (or loses) will be peanuts compared to the tax savings.

I've seen this in the news.This doesn't affect me because I'm small time compared to these big companies.I also don't purchase any pricing software.

I am trying to get one of mine in the Luxe category and it has been futile - especially when I compare my property to the few Luxe ones in my locale.  

It seems a traditional sale gobbles up half of it in closing costs.We refinanced early last year, and another refi would cost ~$5k, plus w/ the LTV, I don't think the numbers work out just right.Too bad we were too naive to even consider those offers when they were handed to us.

It’s worth calculating the total investment (purchase price + wiring replacement) and comparing it to what the property could yield after the upgrade.

I would confirm by seeing the product then going out and checking comparables in that market that have sold. 

I will publish list of failed delayed projects for Grocapitus so people can compare against successful exits and decide accordingly.

We aren't the traditional flippers who run in, throw up a lick of paint, hide the disastrous side of things and essentially trick people into buying a lemon.