Long term hold with plans to force value by adding egress window/exits in basement to increase property from 2 bed / 1.5 bath to a 3 bed / 1.5 bath on each side and increase overall value.

This property is primed for short term rental (night to night) with conservative estimates of ($40,000-$50,000) per month.

"Saturated" is a bit of a throwaway term IMO - I manage STR's on Oahu and while Hawaii is about as "saturated" as it gets with STR's, people are making great returns on the right investments.

Hi BP, I’m in the process of renovating and setting up my first short term rental.

I'm about to close on a lot in Chicago logan square shortly and thinking about tearing down the 2-flat for a new single family.Can anyone who has done this help point me to the right direction?

You can't monitor what you can't see, and you can't see it if you are a thousand miles away!

Let's dive into the short term rental financing process and provide you with the tips and tools to finance new STR properties anywhere and anytime. 

Others might be fine with taking risk, but least by doing this a person can get an idea of what might go wrong.e) Legal document analysis: it will usually take a few days to go through the legal document properly, as almost inevitably there are tons of gotchas that either have to be explained, or mitigated with a side letter.That is the very short summary of what I do.

I own a travel agency and have monitored booking calendars similar to our villa for 6+ years, and knew the ROI would be there.

Considering the ever-evolving landscape of Short-Term Rental (STR) regulations, What are the best 5 states in your opinion to build a STR portfolio starting today?