There was probably more distress in 2008/2009 in the hotel space than now, even though occupancy is much lower in Covid compared to GFC.

@Estefania Lozano Hi, by reading throught the comments and looking at the situation, and keep in mind this is my point of view, you need to have her go, give her the 300 back, it is nothing compared to the headaches and bills that will pile up such as, pest control, turn over on the adjacent properties, legal fees, evictions, I can go on.

When you calculate your own ARV you need to use comparable sold properties.  

I posted this just a few minutes ago in a nearly identical vague post like this:I see a lot of questions like this, I would start with something that you do well already and compare this to that.

I see a lot of questions like this, I would start with something that you do well already and compare this to that. 

I have just finished up college so I have limited cash compared to many other investors as well as a lot less experience.

Ideally, I would like to be able to contact an appraiser in the area and would be interested in hiring his services for suggestions on how to maximize value.Many thanks in advance.The key to appraising a SFH is the comps (comparable sales).

Now IF we had all the people in the world going to trade schools which are currently at about 5-10% enrollment of pre-collapse numbers, and IF we had every developer dripping in billions to start all the developments needed to get to parity now, IF we had magic wands to waive to make the ridiculous mountains of red tape disappear so it didnt's take ridiculous months on months to get permits to break ground, you'd still have to answer for the fact that we can't get lumber, decking, fasteners or really just name the material because there is the biggest materials shortage in recorded history, only WWII compares in material shortages and there is 0 relief on the horizon because there is still various covid shut downs and restrictions.

Do you feel the training and/or guidance on contracts, listings, etc. is comparative to a "brick and mortar" brokerage? 

Mini-splits and heat pump cost doesn't compare  to gas.