So, what are some of the requests I get for the Shenandoah Valley and surrounding areas when it comes to the “Must Haves” for someone’s STR?

Things like accessibility, entertainment, lifestyle, surrounding road/property conditions make the southern part of the island low on my list.

Thankfully we get great rates no matter what because of the circumstances surrounding rates right now. 

However, my next buy will be downtown or in surrounding areas in the city of Charleston as they have historically seen more appreciation, or to think of it differently, the 9% appreciation will result in a bigger increase in my net worth on a 500k property than a 200k property if the rate is the same. 

There is $15 MILLION of equity there – meaning of course that the project is worth (apartments and surrounding land) $15 million more than what we owe to ALL banks and investors involved in the project.

If you were actually at my event, you'd know that 1) I buy at wholesale prices, 2) I buy for cash flow, not for speculative appreciation, 3) we 'create' appreciation by making value-add improvements to properties, and never speculate, 4) I stabilize properties & refi out my investors in 12-18 months, allowing more predictability in interest rates & loan terms than speculating 5-7 years out like most syndicators do, 5) if the market shifts, I'm at a low enough cost basis that I have many options on what to do with the property (hold, refi, sell, etc), 6) once investors are cashed out in 12-18 months, I'm the only one with ongoing responsibility & liability (even though it's a non-recourse loan there is still some liability I take on), 7) I project for increased interest rates (which actually just dropped .25% last week, btw), lower LTVs, and lower valuations than what the market is showing right now, keeping us at very safe levels, and 8) I only buy workforce A & B class apartments (not luxury, not C/D class) which is the most insulated asset class in real estate.I have NEVER publicly pitched a deal, or even pitched a deal in my events. 

Taking some of that space for the bedroom would only require framing in a non-load-bearing wall, closet, and bedroom door, plus adding a few electrical outlets/switches, and then finishing with insulation, drywall, paint, and trim. 

Over the last year rental rates have decreased approximately 7% and with the continued development surrounding the area many renters are feeling the pinch if they want to stay in popular areas located in and around Austin.

Conduct yourself as a pro and surround yourself by good, truly knowledgeable pros.

This would likely lead to a bankruptcy filing, and depending on the facts surrounding the incident involving the car, the obligation may not be dischargeable.Good point.