After framing out the access to the room from the kitchen, I added some dry wall and voila - my 4/3 is now a 3/2 with a STR studio.

And if you have a property and a loan out there, and you are cash flow negative because a recession hits and rents are dropping, AND values are ticking down month after month, how long are you going to fight through, especially as a newer operator, before you call it quits, take your lumps, and move on.At the end of the day, there is money out there.  

I have been investing in Miami Dade County area, so i can't talk for the rest of FL that is a different beast, county by county, so I give you my point of view of Miami.The key point is which type condo are we talking about: newer >2010 condo, old condos, in key growth areas or not.Data, as always, speaks: condo sales ares slowing down, overall Miami is close to be a Buyer market overall (it is already a Buyer's market in many zip codes...), while appreciation is on average +5.5YoY.

I have had a fax service for 6 years and have just entered the seventh.

My point being what is so much is dependent on the age of the homes, what they are worth on the open at a fire sale discount and what are they worth to you? 

My understanding is that it will mainly be derived on the life tenant's age and value of the condos at the time of sale.

I agree with just about everyone above that the price should be either discussed upfront or in the engagement letter before services began.It's different to know how much they saved you because tax preparation typically isn't a service to save you taxes, you'll want to meet with them during the year for this.

If you are doing a bunk, is there enough ceiling height to not hit your head (or obstruction like a fan), Twin or Twin XL, ...etc-------We ended up deciding that in order for our guests to have the best experience (After using the place) it should be listed for 6x individuals (pullout in LR messed with the layout too much) even though our property manager recommended 8 or 10.

Welcome to Bigger pockets, and thank you for your service!

You would think AirDNA or a similar service would be on this