There are a lot of investors who are even using oversized dry lots for Airbnb but they are adding some or all of the following key amenities to create the "Vacation Experience"- Pool with jacuzzi - mini-split in the garage with epoxy floor to accommodate a pool table or ping pong table- Privacy fence- Bring in a few loads of white beach sand with two coconut palm trees and a hammock - Add a Tiki hut in the backyard- Quality furniture package - Have a professional photoshoot done- Hire a professional Airbnb management team.

If you would like to do some coffee, i would be happy to impart some of my grey hair wisdom on you!  

Large 10k SF lot with Little Dry Creek just to the south.

But if you had property in FL, AZ and NV and your LTV was 50% or more before it hit, your LTV just went to 100% or worse and that quickly dries up options on reacting to such a market....or survival.You look like a young guy, you've got a lot of runway in front of you.

Have made necessary repairs to one of the basements, there are two buildings on this property, to solve a moisture problem, and will do some carpentry work to resolve some dry rot problems as time goes on.

Have made necessary repairs to one of the basements, there are two buildings on this property, to solve a moisture problem, and will do some carpentry work to resolve some dry rot problems as time goes on.

They are neither ready nor able to buy.You'll want to filter out these time wasters as quickly as you can, because time is all you have and these people will suck your calendar dry. 

I’m also a licensed septic installer.The house will be dry and closed within 3 months and the CO should be issued within one year.

For the most part I would not think most real estate assets ever see that swing in a single day, unless there is that hurricane or some other unique event....fire, flood, plant shut down in a one employer town, things like that.Also lots of small operators in the syndication space....plenty have just a handful of deals under their belts in a specific geographic area....They may have hit 3 home runs with little effort on the results.....where if you look at a large syndicator with lots of deals spread around the USA...overall returns might be lower, but risk likely lower too as they're more experienced, and returns average out over poor, good, and great locations.I think the big telling factor will be in about 2-3-4 years when the bridge debt comes due...If we get a big recession and either lending dries up or lender underwriter standards change, there will be some syndicators in big trouble....will have a tough time selling, won't be able to refinance, will be going back to investor for capital calls.   

Not to split hairs, but you do realize AirBnB just tweaked their front page to specifically feature those unique homes, which is a feature about two weeks old now?