The host has to decide what their unfair advantage in the market is going to be (location, pool, hot tub, amazing view, high-speed network, great for families, close to everything, themed house, etc) and market to that.Mike

The property is located in an area that's close to resources, hospitals, and attractions.

I use patterned ones that look like granite or marble or quartz or similar so that stains and minor scratches don't show, and don't use a shiny surface - use as close to matte as possible - and light colors. 

Purchase price: $440,000 Sale price: $675,000 Purchased with 5/5 ARM, no money down and walked away from closing with $4,800 in pocket.

I work closely with people in my market that are looking to invest in the STR space!

During the pandemic, businesses closed, and land and buildings were unused.

Purchase price: $90,000 Cash invested: $50,000 Sale price: $289,000 4 family building purchased in distress in Mount Pleasant neighborhood, previously owner occupied for quite some time, the owner could no longer care for it.

There was a comp that was just a little better in condition that was a $650k sale within 1 year.

Just under the 1% rule at close, but we plan to convert 2 units into furnished mid-term rentals at premium rates.

Hey Sabuj, Congratulations on your recent sale!