Expect overrun herePermit - Understand permit timelinesAppreciation - don't rely on appreciationARV - Analyze your ARV conservatively

Utilize data analytics and market research to understand demand patterns, local events, and competitor pricing, allowing you to make informed decisions.

However, if you are currently evaluating the building as a commercial deal, ie NOI and cap-rate as it appears you are from your question, then I'd be interested to understand if the comparable approach of valuation will lead a similar price/value. 

However, understanding the tax benefits and really grasping the difference between tax deductions and tax credits can be crucial to your portfolio as it can significantly impact your bottom line.What are tax deductions?

I’m reaching out to those who have experience with direct bookings to help me understand the true value of this approach.My Perspective:-While direct bookings could save on platform fees, my concern is whether this saving is offset by the potential challenges in managing damages and guest issues without the support structure provided by Airbnb or VRBO.I'm Looking For Insights On:-Your experience with the volume of direct bookings versus platform bookings.

They need understand your pain points, goals, and honest realities of being a housing provider.2.

Regardless, since you still need to understand how big of an issue (if it's urgent or not, risky or not, expensive or not, difficult or not, etc.) in what the inspector finds and lists in his report, you need to have a good understanding yourself on inspections - thus get this book: https://www.tauntonstore.com/complete-guide-to-home-inspection-0714912.

Most folks are just waking up to it now though.If you really want to understand the landscape of the "new Detroit" it's not with big developments though.