Yes, I know that the Sold Comps reflect what someone actually paid, but I also want to see what people (i.e.

Well, this my opinion, if you like unpredictability, constant change and people/contractors with no regards to you or your property then "YES" flips and STRs are the way to go...LOL....I love it!!! 

@Christin Dorfling it's not if you're willing to go there as needed at least to get started - build a network, go to meetups, walk properties, meet people, etc..  

You'll get calls from all kinds of people who think they may have some money coming. 

Another thing to add is the regulations, HOAs and Cities are imposing a lot of regulation on short-term rentals or rent by a room, I have seen some HOAs regulate the amount of people authorized to rent the property too.It requires to do a lot of due dilligence to begin with mainly in such big house. 

Just curious what people have ran across to build these days?

People weren't renting properties as quickly, and there was an increase in vacancy.

The people that will suffer the most from a bad economy will be renters.

For context, this would be for a property I already own.I understand this may be a bit unconventional and people will likely recommend I get a proper quote and have the contractor do a full walkthrough.

And, for those people who have more time than money, they can put in sweat equity into directly owned real estate.