As an agent who works with a lot of investors, I have recently started to notice more and more that people will evaluate a property based on its current metrics, and write it off.

Need to keep in mind STR license / permit restrictions when evaluating.  

I am about to submit to the IRS my log of 500+ hours working in the STR business, most of which come from communicating with guests, cleaners, maintenance people, Airbnb, VRBO, and managing supplies, shopping, bill paying, pricing, calendars, all the daily and weekly tasks. 

It is a hassle of course to log into each account to check on transactions, balance etc.

A licensed general contractor or engineer should be consulted to evaluate the wood flooring structures as well as the crawl space ventilation in regards to the moisture and damage concerns.

But to sell based on how businesses are evaluated doesn't make sense.

Your experience in flipping will likely give you an edge in finding and evaluating properties for BRRR as well.If you ever need insights on financing to scale up or any advice as you transition into long-term holds, feel free to reach out.

If you acquire the property in the middle of November(Assumption of November 15th), you will need to clock in about 2 hours a day.You might be able to log in a lot of the hours as you furnish and rehab the property leaving you with 30-minutes / 1 hour towards each guest check in / check out.It is do-able but obviously, sometimes, the more time the better.

They said the reality is that generating leads is tough and I should give it a full month before evaluating the results.

We donated an easement only (not the land itself) on 1900 acres to prohibit logging or development for $4.5 million, which works out to about $2500 per acre.