You can always relate any two variables and some of them may even be correlated but even when correlation is observed the correlation still may not be useful.I can think of a scenario where, let’s say, you have just acquired a 10-unit apartment complex for $500,000.

I'm part of the large group of people who like to observe and analyze everything before making a decision, that can be either blessing or a curse.

Just an observation, not passing judgement.

However, I'm trying to gauge how long will Airbnb hang around since cities are toughening up on local ordinances.Thoughts and observations based on Airbnbs in your city?

The townhouse unit I like has 3 bedrooms, bonus room on first floor and also a rooftop deck facing camelback.

At the right price we can do that so it's not a deal breaker.But just to make an observation it would almost be cheaper to knock the whole thing down and start from scratch. 

It’s currently 75% occupied (6 units) and also after looking through the financials I observed one frequent tenant falling behind on rent often and another falling short twice over the last 12 months.

They certainly saw the rip in the screen, the holes in the walls during their inspection.Our lease has a clause to the effect that the tenant has inspected the property and is accepting it 'as is', EXCEPT for items that could not be observed during inspection, for example, water was off, so tenant could not see the faucet drip. 

It's a big project that involved moving a 50 foot, exterior brick wall, discovering an extra floor that we didn't know was there, and building a rooftop patio that overlooks the entire neighborhood.

It's a big project that involved moving a 50 foot, exterior brick wall, discovering an extra floor that we didn't know was there, and building a rooftop patio that overlooks the entire neighborhood.