Over 5 months we did a lot of work repairing walls and ceilings, adding bathroom and 2 bedrooms.

Details of property, 4 units plus 1 garage. 1x commercial space (coffee shop), 1x studio, 1x 2 bedroom, 1x 3 bedroom.

See the image below.The minimum property selection criteria:Reasonable maintenance costType: Condo, high rise, single-family, multi-family, etc.Price Range - You must be able to profitability rent the property within the target tenant pool's rent range.Location - Where the target tenant pool wants to live.Configuration: For example, >2,000SF, two bedrooms, three-car garage, large back yard, single-story, two stories, etc.Wants - Tenant pool specific property features.

This is pretty much the most that the housing authority will be willing to give you for each recipient based on the number of bedrooms. 

Revenue (USD)1,5046429991,2451,6872,3843,6346,059Revenue 2021:MarketBedroomStudio1 Bedroom2 Bedroom3 Bedroom4 Bedroom5+ BedroomLowest monthly revenue4781551262994855678381,220Highest monthly revenue3,7021,7822,4023,2614,2265,9607,58113,008Top listings by revenue (2021) by typeBedroom (USD):26,267 - www.airbnb.com/rooms/4194669920,739 - www.airbnb.com/rooms/41933482Studio (USD):15,938 - www.airbnb.com/rooms/877259715,513 - www.airbnb.com/rooms/4372084215,505 - www.airbnb.com/rooms/437125351 Bedroom (USD)46,729 - www.airbnb.com/rooms/4371253541,631 - www.airbnb.com/rooms/4473623034,878 - www.airbnb.com/rooms/437125352 Bedroom (USD)46,764 - www.airbnb.com/rooms/4474057646,753 - www.airbnb.com/rooms/2794866646,568 - www.airbnb.com/rooms/352304833 Bedroom (USD)65,067 - www.airbnb.com/rooms/3016841862,927 - www.airbnb.com/rooms/3092969360,572 - www.airbnb.com/rooms/79445974 Bedroom (USD)95,798 - www.airbnb.com/rooms/461402578,379 - www.airbnb.com/rooms/2168099972,150 - www.airbnb.com/rooms/23319248+ 5 Bedroom (USD)71,752 - www.airbnb.com/rooms/3585985153,277 - www.airbnb.com/rooms/541379926,563 - www.airbnb.com/rooms/5281704Other market info- Average selling price m2: 2.680 EUR- Average transaction value: 155K EUR- Average rent (long term) per m2: 4.9 EUR/m2The numbers were collected from a pricing software that we use to manage the pricing of apart-hotel units we operate.With this information I was able to calculate the maximum I would be able to pay for property (including works, buying costs, etc), to have an edge for a positive cash on cash return.Joao Antonio

While this analysis is certainly important, investors in metro areas cannot ignore the upfront time and money required to get an STR up and running.In analyzing a potential STR investment in a metro area, include these estimates as upfront costs (these are strictly furnishing expenses, not including any rehab work):- Living Room: $2k⠀⠀- Dining Room: $700⠀- Kitchen: $750⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀- Bedroom: $1.5k⠀⠀⠀⠀⠀⠀⠀⠀⠀- Bathroom: $300⠀⠀⠀⠀⠀⠀⠀⠀⠀You can certainly furnish a STR for more or less, but these are numbers I try to stick to in putting together a nicely furnished rental that includes personal touches and local flair.If you have any questions about STR investing, please don't hesitate to reach out!

We have been offered $100+/day for a basic 2 bedroom apartment from a non profit group on Airbnb housing refugees.

Put french doors to close off the office den which then made this a bedroom.

I liked a duplex around 30 years old with 2 and 3 bedrooms with one side renting for $1100 and other one for $1200 per month.

You need to attend some podcasts and read some books give yourself ample time to absorb all the knowledge you will need.