He said they are killing it compared to regular SFR rentals.

The newer and amenity provided properties are still holding their own but activity is down compared to COVID area.

Here’s how you can approach both issues:For rent comparables, since RentCast and Rentometer are giving you different results, the best way to narrow them down is by averaging the estimates and focusing on properties that closely match the one you’re analyzing in terms of size, number of units, and amenities.

Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.

Or, you can try moving out to Morgan Hill or Gilroy, where home prices are more affordable compared to San Jose. 

Compare that to Vegas, where rules can be restrictive and condo-hotels often come with sky-high fees or limits on how you can use your property.

As for ARV, check out comparable sales (comps) on sites like Zillow or Redfin, or talk to a local realtor for a better idea of what similar homes are selling for in the area.

Comparatively, you can get a lot more for your money in Omaha compared to Boston, but way less potential scale as well.

**Risk and Reward** - If the engineer or developer is assuming some risk (such as project financing, delays, or cost overruns), their higher percentage may be justified

Not sure what the process is like there but compared to NY, it is a faster process.We just toured an occupied 4-family in NY today with a client and the eviction process for those tenants commenced not long ago (within the last couple of weeks).