Your specific variable expense assumptions are wrong, BUT you stumbled into them being correct overall.Also, you are approaching this correctly - entering in the numbers to generate a purchase price that meets your metrics:)

There are snakes under the hot tub.3. 

Plus each house sitting empty for t months seems wasteful.)But it’s hard to find a warm but not hot and humid location.

Section 8 guarantees part of the rent, which is great for income stability, but the building will have regular inspections to meet Housing Quality Standards (HQS).

If your unit doesn't stand out in other ways considering adding amenities like a hot tub, backyard mini golf course, making your airbnb dog friendly, etc.

The Wow ShotWhy it works: Features the unique element that will catch guests’ attention.How to nail it: Highlight a hot tub, pool, view, or quirky design feature.Example: This listingAI’s Role in Airbnb RankingsAirbnb uses AI to analyze listings and prioritize them in categories like "Cabins," "Amazing Views," or "Play."

Even if the HOA currently allows rentals, it’s worth attending HOA meetings or reviewing their amendment history.

So, splurging on a pool table, hot tub, and a telescope to enjoy the views would yield significant returns.I'd love to hear your thoughts!

We have people from Marco all the way up to Sarasota, and others that come from the East coast that join the meetings

It is maybe a couple hundred dollars to join and you can attend numerous classes and meetings.