I think we will see more "adult" families living together...kids move back in or parents move in with kids.The traditional apartment model was based on 12month leases, but jobs are not always 12 months and people want flexible terms, so co-living often offers that.Seems like younger people between 20-30 and some other age groups don't want to get married and start that housing pathway our parents and grandparents took.   

I added arcade games, board games and accept pets as well.

If the numbers don't work for expanding the building, explore the potential based on the current space. 

Hey @Aaron Ram, fellow Stamford-based investor here.

ASSET BASED LENDINGNote: Hard money is defined as average loan size under $2M, average loan hold duration under 2 years, and not a bank. 

Once you have a pipeline, you can refine your criteria and adjust based on what works best for your market and strategy.

I am located in Arizona and have been in manufacturing for 20+ years while my brother is an experienced contractor based in California. 

Does anyone have a "program" or formula to use to establish a reasonable list price based on current income and expenses.

You can look at successful STR's in your area and make a list based on photos.  

If it is a contractor that is more organized they will likely do this already, if they are shooting from the hip "based on experience" they will likely just give you a total $ value.