- Is the Hurricane decreasing the real estate sales price temporarily?

I see a beautiful boutique Hotel where I live that is for sale but is sitting empty while on the market. 

Would it cash flow at 400-475/unit based on current sales price?

.- future assumptions: 2% annual income growth, 5% PV growth, 2% expenses growth, 6% sale expensesBigger pockets tool sheet with above data:Cash flow: $916/monthCash on Cash ROI: 6.65%-7.57% depending on rehab costsPurchase cap rate: 7.15%I know this does not meet the 2% or 50% rule but it seems like a good investment for the area.  

You need to know your market and the difference between the sale price of a 3 bed 1 bath an 4 bed 2 bath in a particular neighborhood.

I decided against it due to the insurance, and the fear of a vacancy in the retail section.

I have built up thousands of retail and multifamily contacts over the years to search for properties for my clients.Some commercial brokerages like to do volume and work for peanuts.

Patience played a huge part in my deal. 4 sellers had to approve of any sale price, and there one of the kids was really holding out.

You can only deduct the part of the PMI paid that applies to that tax year.https://www.irs.gov/faqs/sale-or-trade-of-business-depreciation-rentals/rental-expenses/rental-expenses-1

Will bank jump in just before the tax sale then?