Then add those up and divide by 12 to get a monthly average.For example:Peak Season: $5,000 rent at 80% occupancyOff-Season: $2,500 rent at 50% occupancyShoulder Season: $3,500 rent at 65% occupancyFormula: Monthly Avg Rent = [(Peak Season Rent x Occupancy Rate) + (Off-Season Rent x Occupancy Rate) + (Shoulder Season Rent x Occupancy Rate)] / 12This will give you a realistic estimate to plug into your calculator.If you need further help with financing or running the numbers, let me know!

We an help you take some equity out and refinance the loan.LMK if you need anything else!

If it'd be helpful to have a backup option in place for them, feel free to reach out happy to answer any questions on that.

I hope this helps, I am here to answer any other questions you may have. 

Can someone help me understand this survey?

@Peng Gong Welcome to BP.there are plenty of people here willing and able to help you learn.

That strategy would be the next option, and they can help you get started.

This information can help justify your loan request.4.

I mostly use MLS and local reports, but a tool that combines rental data, bylaws, and prediction models would be super helpful.

@Srinivas BondadaReal estate investing can be overwhelming, but using tools like Zillow, Redfin, and CoStar can help find the best market.