My siblings and I are building a home in North Port, FL.Here are the numbers:Finished Home Value: $412KishLand Cost: $19,750.39Construction & Permitting Costs: $304,897Additional costs: - Environmental Site Assessment - General Liability Insurance - Builders Risk Insurance - Construction FinancingWe will be listing the home this weekPhotos coming soon!!

As an example I just checked AirDNA’s data against one of my rentals this week and occupancy and ADR was way off from the reality on the ground that most others I know are seeing in 2023.

Many people were leaving this market3.

She mentioned they would like to have their own website where they have full control and can list all their properties available and potentially have them booked through this site to avoid fees associated with other platforms such as airbnb.

Yes, look at properties in Galveston, 6102 Sea Wall Blvd, Galveston, this complex allows STR's, we can do STR no seasoning DSCR loans if you are interested.

(Note that this is the typical arrangement for Airbnb rentals and other temporary rental-type properties.)Rental property used on a transient basis is depreciated over a 39-year period, not over 27.5-years as is the case with longer-term residential rental property (LTR). 

congrats @Chris KaylaSomething I would recommend for you is this website. https://www.areavibes.com/I use this for all of my out of state and in state investors.

I’m not looking to be the GC (obv) on this and will be hiring a GC.  

I want to know if this is a realistic plan to start my investing journey.

Great alternative to states that are cracking down on assignments  or having to try to  juggle double closes and all the marketing expenses that those that never close on props have to do.. this was simply listed on MLS and sold. 7th transaction that JLH has provided this client since Feb.