Popular markets often include beach towns, mountain retreats, and areas with strong tourism.It’s also important to research local regulations, occupancy rates, and management costs to make sure the numbers work.

From there determining what you have budgeted for your first project.

To qualify you would have to spend more hours managing the ADU than you do working on your W2 or your business.

To clarify, I didn’t invest in a “fund,” but rather purchased a note for a specific fix-and-flip project.

They will look at the ENTIRE cost of the project and calculate what they can offer you in loan amount.

We have two properties in SLC area and manage from out of state.

Use AirDNA to get a better feel for what may be projected and then dive into Airbnb and compare to your competitors. 

I feel that MLS is not accurate because not all property managers put them in. 

.- Analyze Comparable Properties: If you’re working in a specific market, reach out to other landlords or property managers with similar assets.

I worked exclusively in STVR property management on the island and currently work in long-term property management servicing the West Metro (Minneapolis).