It's really only relied upon in new construction and even then I would place more value on a discounted cash flow with assumptions for time to stabilize to market occupancy.

Once again, if you ask 10 people for their investing criteria you'll get 10 answers, but over time you'll develop your own criteria based on what's a good deal for you in your particular market.

We estimate 3 to 4 times the amount of the loan by the time we plan to sell the house in about 5 to 6 years.

Newcomers and tourists worry about them all the time but in 170 years we’ve only had THREE category 3 hurricanes or greater hit Myrtle Beach.  

Quote from @January Johnson:Yes, cash flow is hard to come by but STR management is certainly a full service offering and requires a good amount of time, energy and care to be done right.

Its a great time for investors to tap into the equity they've accumulated over the past few years on a cash out refinance with improved terms. 

I am glad to compare this to other training courses and master minds, the training is a tool, and like any good tool it doesn’t do the job for you is simplifies the job.

So if they are leaning towards more protected, private credit type offerings, then you will have an easier time raising.  

If it was built before, say, 1960 there may be a slew of electrical work you'll need to do to stay in regulations with current times and, of course, for the safety of a future buyer.

Maintenance costs don’t usually decrease over the years, so if you go with landscaping that needs care, expect your costs to increase over time.