And it sounds like you two did not have a thorough consultation to make sure your aims and needs are in alignment.

👍🏼The rules of thumb do not work as a broad measure as debt costs change, operating costs vary and age, condition and location are a huge factor. 

If you don’t have a least a small idea of what your aiming for then you will not know if the mentor is a great fit. 

I will be careful not evaluate about fix costs, once I can get better pics from the listing agentCould I use the last sold price  and Foreclosure price difference plus the cost to repair( out of my pocket, as cash, not loaned) as a measure of AVR?

If they are the ones making the offers they are incentivized to tweak their Zestimate algorithms to produce lower numbers.I realize Zestimates are not always accurate or a good measure of home value, but there are many people out there that put a lot of stock in them.Would you hire a home appraiser that made cash offers on every home he or she appraised?

Hi, BP familyI was recently thinking about a good measure on whether it is worthwhile to convert LTR to STR.

My ultimate goal is to become more and more financeable as I aim to build upon my portfolio of buy and hold property (currently 1 door).

But perhaps it's worth a shot...The significant increase in prices (over 30%) is considered extreme by most measurements and cannot be expected to continue.

Stealing a large fee from the borrower may often be the sole aim.

The declines in the number of homes flipped in 2020, as well as the portion of home sellers represented by investors, marked the first time since 2014 that both measures decreased annually.