Build cost 2 million ($240 per square foot for a 5400 square-foot duplex) (Sale price $650 per square foot valuating the duplex at 3.5 million) Upon stabilization, the properties market value is projected to be between 4.5 and 5 million.

Margins are small, and to me, the real wealth-building in REI comes from the long-term appreciation, not the short-term cash-flow.Anyway, welcome to the forums.

If the buildings are all on one lot this won’t apply.

Hi, Do I need to wait for the STR permit before I put the listing on Airbnb and vrb in Sacramento County, CA? 

As part of this search, I got connected to a company that does turnkey properties in Birmingham - they build them, sell them to the investor and manage them. 

There are 5 counties, one incorporated city (SLT) around Tahoe and 2 states Each county has it's own STR regulations.

This brings us to those cities and counties in and around the Shenandoah Valley.  

Ideally, we would find a coach of some sort that could help us find a deal that works, knows the ropes of the building an LLC. 

However, you would also need to increase rent by 4% for year 2 since the team builds in a 4% rent increase year two. 

A likely reason you don't see much about Melbourne is because that is merely one city in this county.