Granted, this component can be mitigated to a point by bringing in an experienced partner or by using a reputable PM, but the point is a bank can, and will, see the big picture.You NEED to have your own funds into the deal for this to have a measurable chance of success.

The more complex aspects include circumnavigating the security measures intended to prevent scraping from occurring. 

You can use an IRR calculation or other measure that takes into account the cash flows to see how profitable the deal was.In conclusion:You can not win as you would have to imply there is only one way to make money with RE.

I haven't measured the deck size, but looking at pictures of similar sized decks this one seems like it's around 12x20 or 12x24 at the most.

Domestic air travel in China is back to pre-pandemic levels and in Singapore there were all of 5 positive cases of Covid as the country has been diligent on preventive measures and contact tracing.

My recommendation: Identify the standard unit of measurement you are using to evaluate your markets.

@Josh MilewskiJosh, the principal metric used to measure the amount of leverage (Loans) that can be placed on a deal is the Debt Service Coverage Ratio (DSCR).The easiest way to understand this factor is that the lender wants to know how much net operating income (NOI) is available to service the debt (principal and interest payments).A good rule of thumb is to look for no less than a 1.20 DSCR.

I don't have a way to measure STR vs.

My response is not in the spirit of the new year festivities, and for that I apologize.Be careful how you measure "affordable" bookkeeping.

Hopefully prior to the start of the year you had put in some goals that you can measure to track your progress.