We don't have them here but my understanding is that they are common back east and can be pretty expensive to replace.

I have been investing in real estate since 2009 and I still use it to fill in the gaps of my understanding.  

@Matt Devincenzo My understanding of the difference is Junior Units share amenities with another unit, while Companion Units do not. 

I've looked around and seen people taking $300/month of profit and calling it good – I understand that it depends on the amount invested in the property, but is there a generally accepted percentage that serves as a rule of thumb? 

We are trying to understand the development of the city to plan on our investment plan and portfolio.Thanks in advance.

I would take the total demand numbers and compare them to the total supply numbers to understand the balance.

@Conner Olsen To make sure that I am understanding correctly, it is $300/unit/month more.

Hopefully your Realtor is experienced in listing/marketing STR properties and understands the values of a fully furnished unit.The resale market is full of STR units, so it could take months to sell.

Why, because you understand the finance behind it.

My goal is to provide you with a comprehensive understanding of these fines and how they contribute to the overall wellbeing and harmony of your community.