In the most recent court documents, he's claiming he doesn't have an AirBnB or short term rental income.

So… #1 stole my business documents. #2 this $600k I keep seeing @Kris Thomas quoting everywhere is a lie.

If you look on AirDNA, you can see similar types of homes that can earn upwards of $35k-$50k/year in revenue on Airbnb.

I would just recommend only partnering with people that you really trust and make sure that you have legal documents clearly explaining everyone's role, expectations, and contributions (both financial and work wise). 

I'd also suggest running some for-rent ads, to see what type of response you get.It's notoriously difficult to accurately predict ARV on these types of properties, because they're so niche, and the market for them is usually completely different than the market for more standard properties...For instance, a lot of lenders won't provide a mortgage on a property for less than $100k--and if that's the case in your area, that would mean that the only potential buyers for the property are cash buyers, which makes selling the property more difficult.  

Purchase price: $260,000 Cash invested: $70,000 Sale price: $440,000 Triplex flip with a partner What made you interested in investing in this type of deal?

Qualitative factors - new businesses coming in, types of industries3.

However, if there is no active license, you can go to zoning permit documents and check if they have ever recorded it being built as a triplex or converted into one. 

My business partner also has a lot of knowledge around marketing strategies for this type of STR.

Purchase price: $215,000 Cash invested: $75,000 Sale price: $385,000 10 weeks project What made you interested in investing in this type of deal?