The problem with short-term rentals is that cash flow can be inconsistent and despite Costa Del Sol being a tourist hotspot, can turn quickly, really impacting expected IRR.  

Ask him instead for ways to relocate or minimize the visual impact of the existing outdoor outlet you describe.Disclaimer: I am not registered or licensed as an electrician anywhere.Second disclaimer: Don't do it, Neel.

Still these are legitimate questions for planning purposes.On the retail side, I can tell you that with paid leadgen sources like Zillow, Trulia and Realtor, reality is that an agent can expect to close anywhere from 0.5% to 1.5% of raw incoming leads.I can’t speak from direct experience with wholesaling, but I’d expect that the quality of your lists and lead sources will have an enormous impact.

None of those factors would have an impact on the cap rate, as the cap rate is dictated by the market, and none of those factors would have an impact on a valuation based on cap rate alone.

We would love to create a passive cash-flow at some point, and I hope to create meaningful social, environmental and economic impact through this and all of my endeavors.

Once this Pandemic comes to an end how is this going to impact the real estate market if most jobs continue the remote option.

The call naturally turned to all types of dialogue about future impacts to Real Estate in general.

@Javier De la Rosa, following your explanation except for the point why you think that in 12-18 months the real impact is going to hit with unemployment etc.

I’m interested in hearing positive stories of how using a 203k loan or “house hacking” your first property positively impacted your real estate journey?

When the Sears Crosstown building was redeveloped it had a massive positive impact on single-family-home property values in the area; chances are the downtown developments will do the same.