These errors would be corrected when I pointed them out, but if I wasn't going over my statements with a fine tooth comb, my CoC returns would certainly be lower. 

@Mike Wood The legal description reads as follows, but it is taxed solely under the address of the property.6 7 8 & 9 *COMB LOTS 8 & 9 HERE FOR 1, Blk: 14, Subd: JOHNSON ADDITIONBased on this, how much do you think it would cost to subdivide into separate taxable lots or has it already been divided?

This would be a thorough process where you comb over every possible detail of their business plan.

When I am comparing properties and analyzing how much they should expect to pull in as far as nightly rates and occupancy, I comb through each property nearby and pick the best 5 that are the most similar and use the averages of those numbers to determine the revenue.Hope this helps a little bit.

Then fine tooth comb it and see if the property will really work for you.Sellers and listing brokers hate this because you are wasting their time by going into contract without really knowing if you want the property or not. 

@Tyler Combs I submitted a complaint to the CCB so I could get access to his bond.

If so, sellers are going to be less interested in your offer.Also, have you combed over what's already on-market?

In my market there are a lot of out of state investors buying properties off the MLS for short term rentals and are happy to have an agent combing the MLS everyday on their behalf!

They have to comb through tens of thousands of properties to find a decent amount of leads that will talk to them.

Many of those types of deals have already been combed over by 10+ investors previously.