The other thing I often see is that over time, different homeowners/contractors have decided to DYI adjustments to their home aka took out walls, didn't shore things up properly, put in new doors, etc.My point is that what you are seeing is not abnormal for older homes. 

If you're new to this, it may take some time to adjust your expectations and get comfortable.

I've created bullet points, changed wording often, rearranged pictures periodically, adjusted prices (super low for my area).

I used to be a claims adjuster and worked Hurricane Katrina.

The contractor might realize he was WAY over industry price and adjust. 

The borrowers pay significantly less for those appraisals; they usually lack vital information, tend to be performed to much more “lax” standards, and often lack good decision making as to comps, capitalization rates, and adjustments of value between the subject property and the comps.  

Airbnb & Furnished Finder work so differently and I think people often struggle to adjust their expectations when toggling between the two platforms.

I haven’t really taken into account risk-adjusted returns.

With stucco siding, tile roofs, and desert landscaping, there’s no worry about issues like heavy rain, ice, or intense wear on lawns.

Therefore anyone with bank originated construction debt or bridge debt is likely happy right now with the rate cut and narrative surrounding future cuts since in many cases these are adjustable rate loans with floors we likely won't see anytime soon.It will be interesting to see whether this cut gets banks who have been on the sidelines back into the market or alternatively some lenders who have continued to lend but with tighter underwriting to ease their guidelines.