Paid $235k Budget is $510k for the build (high end build) ABV(after build value) $1.1milSo permits took about 1.5 months.

I have a lot of other examples also and a high percentage of them end up calling me after the transaction asking about taking legal action (usually too late, the deal is closed, sad fact is they just screwed up). 

I have heard interest rates are quite high there. 

The CAP rates aren't great, the vacancy rates are high, majority of multi-family locations are in areas with unreliable tenants.Overall, it just seems like it's difficult to achieve reliable passive income here. 

Use it for high pricing 60 days out then as booking date gets closer you adjust your price watching the bookings of those around you.

Doesn’t make any sense, auctions are high risk already.  

I wanted to post about occupancy, I know there is a wide variety of occupancy levels and ADR information out there but wanted to share mine and hear what others are doing.Seems there are several schools of thought - drop your rates and high occupancy or high rates low occupancy.We have 29.9% occupancy and an ADR of $633 per night.

Between high prices (the same thing that are benefiting you on the sale side), high interest rates on new loans, likely slowing rent growth, it makes for a hard time to buy anything.  

Before diving into LLCs, HOAs, Insurance, and Home Prices.I'm not sure if you have been pre-approved but I would highly recommend that you speak with a local lender, I happen to know a few in the area.

We keep all business and personal separate for a number of reasons, and I highly recommend it for everyone dealing with the general public on a day-to-day basis.