And if they don't hang up on you, and try to sell you a policy, make sure you read it and find the part where it excludes short term rentals.

Even when you exclude the ones who are simply renting out their own spaces - second homes, pre-existing ADUs, spare bedrooms, or their RVs, the number of people that started with less than we have is likely still significant.

Just divide their purchase price by their gross heated square feet excluding garages. 

.** Excluding sub $100K units from Jerome Ave., Plimpton Ave., and Anderson Ave.Assuming your unit's value is consistent with the average unit sale, you'd have a roughly $90,000 gross profit. 

Perhaps, hiring a local co-host (or even a boutique manager) who is passionate about your property’s brand might be the sweet spot.PS: One interesting fact—Evolve’s 10% fee often excludes local vendor costs like cleaning, which can add up to an additional 10-15% of revenue.

At least within this question let's exclude the US market, taxes and laws since I am far from investing on that market.

Keep in mind these are only tracking 5+ unit sales and exclude 2-4 units which tend to be a higher price per door. 

Then when the property is sold, she excludes the entire gain as a sale of her personal residence ($250,000 exclusion) and she then gifts you the proceeds (nontaxable) saving all of the tax with no 1031 cost or deferred taxes.Just sayin . . . 

We have an 11-unit apartment building (five 1br/1ba, six 2br/1ba) and want to do a cosmetic rehab (new kitchen, bathroom, paint, sanding, and staining hardwood floors, excluding repairs on MEPs).

I assume I use the current value of the property (I know its the value of the house only; excluding land) when I "convert".