Hello BP, is anyone finding renovation/ mortgage loans ( 203k, home style etc.).

Isn't that a bit of a Soviet style tactic?

Purchase price: $1,196,000 Cash invested: $240,000 Purchased great condo style 9 unit in Lowell MA.

Much of today’s demand stems from the pandemic-induced desire for more indoor and outdoor space as well as millennials’ accelerated timeline for buying their first or larger home in a suburban location.

If I find a property close to the year built, then the style of the property is different.

When you could live anywhere you want and work remotely why not be in a subtropical region with no state income tax.I feel demand for Airbnb is going to be driven by amazing locations, unusual property Style such as yurts or tiny homes and great amenities like a property being on a lake or offering a pool in hot tub.In addition to that, people want space and not to be on top of their neighbor.

Occupancy can range between 50% and 95% depending on season and  We assume that given our unique style of a container house, features/amenities like a pool, that our ADR can be on the higher end.

Most Realtors would tell you to fix what needs to be fixed and put in a good replacement door.That being said, if the cost to repair is enough that the 800 dollar difference in doors is the only real difference (i.e: labor is still going to run 3-4,000), then I would go ahead and put in what you have in mind. 

Based off the criteria I have and what they have said (they could have lied) I then move forward with them checking out the place (open house style).

Yes, the market prices have risen compared to 2-3 years ago (or even 9-12 months ago) but the demand seems to have grown along side that, and it seems that positive cash flows can still be had, even with purchasing a home/cabin at full market price.Take for example a specific deal I am seriously considering presently:New construction 3BR/3BA with an indoor pool.