It takes in account just about everything to give you a livability score.https://www.areavibes.com/Here is my rating & classification for each livability score.80 and above A+78/79 A76/77 A-74/75 B+72/73 B70/71 B-68/69 C+66/67 C64/65 C-60/63 D59 and below F

Meet other people in your area doing the same thing.

As this is a huge factor in determining the LTC & rate of the project.

Their properties run roughly 10-25% Cash on Cash return and 7-11% CAP rate.

I know some markets are still very hot but it's definitely cooled down a lot here since rates went up 2 years ago. 

The main challenge was ensuring timely completion of renovations to meet market demand.

Yes 100% pro-rate the rent.

If you get a good rate on a savings account, that rate isn’t guaranteed for the rest of your life.

We had 85%+ occupancy and higher than average nightly rates, and our financials supported our sale price of $417,000 in October of 2023- the highest selling condo in the entire complex.

There's < 2 months of seasoning for the purchase, cash into the deal is ~$975k w/o rehab (minimal planned so far - turnkey), purchased the property for 35-40% below assessed value, 825+ FICO, and would optimally like to pull out $975K-$1.15M of equity.Main scenarios we've thought of to accomplish this are: 1) structure sale of property from SMLLC to self and secure 30-year new purchase financing on deal (unsure if legal and tax implications if above initial cost basis)2) delayed financing (LTV restrictions a concern)3) cash out refi (seasoning concerns)4) DSCR (seasoning and rate competitiveness concerns)5) one of the above plus a HELOC, personal loan, etc.?