Further, the writers conclusions are usually “a stretch” based on the data we have. 4.

It's just trying to interpret the data like everyone else.

Hi Jim, if the property isn't being used as a STR currently, certain DSCR lenders can use data like AirDNA to qualify for financing.

If you are interested in more data about the area, enter the zip code (37208) into areavibes.com or city-data.com.

I received wrong information from people in the Portugal RE industry before so I'm not super confident the person I talked to is correct I'm just trying to get more data points.In case it's useful for others these are some other bits of info I've learnedRefinancing is possible but it is more expensive than conventional (usually the spread is 1-2% higher) and it is necessary to explain to the bank what will be done with the money.It is not necessary to wait to own the property for a certain time to obtain mortgage credit.

Nothing is 100% accurate, so you will have to review the data to ensure you are not wasting $ on dead ends (property just sold/on MLS, recently rented, etc).

- **Market Analysis**: Gather data on the local market, including comparable sales, average days on the market, and trends.

Now we have where data get's interesting, RESULT of the sale.

I highly suggest against that and just doing one larger rent increase to $1000, but if you are only trying to do one unit at a time, make sure you don't try to make a drastic increase to all 4 tenants if you can't afford for all 4 of them to be out at once.I'd consider showing them some data on comparable rentals and let them know you are trying to improve the building by renovating the units.

The difficulty is in collecting current rental data of actual rents.