The appealing aspect here is the ongoing population growth and other economic factors.

@Nick M.Making $18k a year on a this investment is not a good returnI am curious how in 7 years rents have not gone up to overcome taxes and insurance - but neither here nor there.Issue is if it’s not cash flowing at its current value when you look at noi and cap rate what makes it appealing for someone to pay that amount?

Is the cash flow still working out at a level that is appealing to the buy and hold crowd?

The strategic location and the opportunity for a fast, profitable flip made it an appealing investment.

Investing in Stowaway SS appealed to me due to its stable demand, lower management costs, diverse tenant base, scalability, resilience during economic cycles, and potential for generating passive income.

Investing in this deal appealed to me due to its stable demand, lower management costs, diverse tenant base, scalability, resilience during economic cycles, and potential for generating passive income.

My team and I dive deep into market analytics to provide our clients with comprehensive reports that guide them in making informed, data-driven choices when entering new markets and setting up their vacation rentals.Moreover, we prioritize a human-centric approach in our designs, ensuring that not only are the aesthetics on point, but the functionality and comfort lead to happy guests and consistently stellar reviews.

Do you have or know someone who has successful experience appealing these valuations? 

Based on my research, in Pittsburgh, the school board tracks sales of homes and if there is a significant discrepancy between sales price/current assessment values, they will appeal and you get a higher tax bill.

So if I were to try and appeal the value of this example, I would have to PROVE that my house is worth less than $635,000, when the market says it is worth $750,000... and on top of that, they are only taxing me at $358,000.