I find it confusing how a field inspector would not recognize that fundamental fact, as no department would issue permits if zoning 1st required a variance approval prior to permitting. 2nd, if you have field inspection card and signatures of field inspection approvals, it may be simply a clerical data entry error on the municipality.

I'm not sure what fundamentals anyone from out of state sees in the Twin Cities that would drive them to invest in the market.

Well, that didn't work either.Let's paint the paddle blue like the water so they don't see me swinging it their way.Consider the fundamentals of motivated sellers.Motivation can't be targeted.

They are making it happen in the market and can truly provide great insight into market fundamentals and strategies that work in the markets you are focusing on. 

if the fundamentals on the market and location are sound there is always a way to creatively work through and imrpove the operations.  

I want to have my own license moving forward, and there's not much information on the web on how to do this. 

In a softer rental market like we seem to be in now, it becomes much more important to focus on the boring fundamentals like controlling expenses.

So, now you are up $0.75 overall.I understand of course there is the principal of the power of leverage, paying back with future money/rent, and being able to scale multiple properties that are amortizing/appreciating, etc.Otherwise, fundamentally my thought process makes sense, right? 

How can I accurately calculate NOI when the experts can't seem to agree on the fundamentals?

And fundamentally, I don't like a lot of Airbnb's policies that unduly favor the guest and can result in them holding onto your payables or suspending your account with little to no explanation.