Together, you can carefully consider the financial aspects by comparing the potential income from renting to the costs of selling, including any repairs needed to make it more marketable.You may qualify for a conventional loan with a down payment as low as 3% to buy a new one.

The driving factor is that there are 20-30 percent more rentals on the market than there were a couple of years ago - particularly in the outlying areas - while visitors to the GSMNP has only slightly increased in 2023 over 2022.  

In practice, the effect of tax savings is usually not included because it can be complicated to calculate.- IRR (Internal Rate of Return) can be used to measure the net return generated by ALL FOUR sources (i.e.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

The company I work for has great benefits including retirement that I don’t want to lose.

If the deal works then I would execute but I would include remediation costs based on an estimate from a contractor.

So looking at an insane return (of course investment in rehab will be factored in).

If they find out, then legally, contractually, they have grounds to retroactively void the policy and deny claims for *anything* it covers -- including losses totally unrelated to STR, like wildfire or a windstorm.  

The only concern for me is that none of these would cash flow positively after factoring in all the items (vacancies, cap-ex, repair, etc.).

The NW side of OKC including Bethany has a lot of flip and buy & hold opportunities (B+ neighborhoods).