Thank you for the heads up!

My idea was a short letter with my contact info letter head, just saying basically “I’m sorry to hear of Mr.

Where do you see the STR market headed now?

I’ve always wanted to live in California, so I thought it’d be a good idea to head out there for college!

Harvey,There are a variety of factors at play, region will play a factor, age of property will play a factor, diminishing returns plays a factor (for instance going from 2nd to 3rd bedroom will be more valuable then 3rd going to 4th) To me the key to to a CMA is get as close of comp as you can when it comes to these factors (square footage, bedrooms, bathrooms, age, size of garage, size of yard) Once you start diverting too far it become a bit more of an art then a science. 

It would be greatly appreciated if any of you had any tips or suggestions for me to get my brokers career heading in the right direction.

@Frank Chin hit the nail on the head. 

The $38k equity is a nice head start on a 20% down on another deal that isn't dancing with the devil in terms of a bad area.

I just shook my head and told him to do his best!

As some have said, we have some time to sort it out but it's good to get a few ideas in our head now so we can keep throwing around ideas to make our next move the right one.