Even 600k loan at 10% interest costs $165 a day.

Some folks are comfortable paying 10X, but you can find those deals all day long.Now, if it was a highly unique and rare property, I'm not as worried about the multiple. 

Best part is that it unfolds and if site prep is done, we can have a renter in in a matter of days upon delivery. 

Purchase price: $17,000 Sale price: $27,000 Contributors: Peter Vekselman Partner Driven and Archie Raglin acquired this property on 1/3/2025 for $17,000 and sold it the same day for $27,000.

Have a look at BP's blog where new articles are published every day: https://www.biggerpockets.com/blog 4.

We gave the current tenants a notice that we need them the evacuate in 30 days.

It looks like there's an additional day of interest in their calculation which checks out just fine.

If it were me, I would reach out to other franchisees in your area (perhaps your Development Agent might have some insight...see...I know the Subway lingo and I've done Subways in my banking days).

We are starting to hit our capacity with pulling data from reports and running some of the day to day operations.I would like to know what key people we need and if we’re analyzing the right data.

@Scott Trench - have you considered investing in short term rentals, materially participating, and having the average stay be less than 7 days?