I think the numbers are not great on this deal because he is sucking a lot of the juice out of the deal by being heavy handed.

@Doron E.

@Sebastian E.

After more than 9 months of searching, connecting with Realtors and crunching numbers, I found a beautiful, brand new development and pulled the trigger on my first short term rental investment property.

I’m a brand new member here.

Technology is on your side but sometimes the old school, real world, good branding and local presence pays off.

And frankly, paying a long term cap gains decades from now might not be so bad if I've juiced the thing for monthly cash flow for 30 years. 

@Charles E.

If you’re thinking about this like stock valuation, think of it as a P/E (price to earnings) calc In other words, if a company earns $5.00 per share AND the PE ratio is 15x’s current earnings the price per share would be $75.00.

Or state how many share each bath and how the baths are maintained between peopleGood point @Lynnette E., the bedrooms have locks for privacy ... but the bathroom has to be shared between 3 bedrooms assuming my friend is going for 100% airbnb occupancy (it's a single family home)@Marian Smith - another good point, I don't think they've checked Homeaway but they have looked around at Airbnb.