This week's post goes out to the data-driven folk...First, let's talk about two key metrics: Average Daily Rate (ADR) and Occupancy Rate (%).Understanding ADR: Maximizing Rental IncomeThe Average Daily Rate (ADR) is a key metric in the short-term rental (STR) industry.

@Davit Gharibyan They advised correctly, this adds no additional value and no additional liability protection, only additional expenses.

I want 25% ROI on my money, so I can spend up to $19,200 per unit, on average.  

I was under the understanding that I could do a room ratio and deduct 50% of the upper unit expenses.

Quote from @Michael Plaks: There are many CPAs here and many investors who think they are CPAs.The key issue to understand is: you cannot create any tax losses from renting rooms in your house.So if I rent out one of my rooms at say $600 a month ($7200 a year), I cannot deduct more than $7200 in expenses? 

Is it just another expense to factor into the numbers when analyzing deals? 

When it comes to wisely investing our hard-earned money, it's important to consider the data, seek advice from locals, or even visit the location in person.The cost of living in Jackson, TN is 4% lower than the state average and 14% lower than the national average.

We have about $250k in equity, its only cash flowing about $200 after expenses, but our loan is only at 2.375%.

California investors come significantly more equipped than average investors.

I see a lot of narrative around, "cut your costs, eliminate unnecessary expenses" etc.