I too believe that economies of scale will will give us more bang for our buck, but since MTR data is fairly new, it was also difficult to analyze the profit potential for a new 4plex.

Deals like this do exist out there.In a previous post, I put a graphic of my returns, and you accused me of using data for single family returns.

The data points they use made me feel like it got my pricing right and I feel much more confident about what my nightly and seasonal rates are now. 

Points I can roll into the cost and don't mind a buy down if necessary.My primary concern is the bleed rate monthly for the build, Airbnb stabilization and the year after while we season it and prep for final financing for long term hold.

I have 2 closings coming up this month and feel like I am finally beginning to get on my feet!

I finally got ahold of the city today and they said the permitting timeline can be as fast as 3 weeks to 3 months, and is up to the owner's application and readiness. 

An analysis of the data also shows that the city north of Austin grew 10.6% year-over-year, making it the fastest-growing city of at least 50,000 people.

., funding.Two final thoughts, I'm all for being efficient, but you should think about the opportunity cost of tying up your own money in a single rehab, vs. using it to fund another simultaneous deal.

I've seen the data and you can make at least 15% ROI, but it does require work. 

And then finally, there is always the option to just claim the regular standard mileage deduction rate of $0.67/mile.