dont over think this its not that complicated. important issues are.1. cost of capital2. knowing what a deal is or is not.3. good reno crew or contractor  4. good agent that will tell you straight what its worth when done and what level you should rehab to.5. a market that is actually moving napkin math works  trying to drill down to decimal points does not.

The vibe of Biddeford has gone from burning garbage in a decimated downtown, to boutique hotel and trendy restaurants in very few years.The apartments in town were built for mill workers a long time ago.  

While it’s not impossible to close in mid December and still meet all requirements of the STR loophole, it will be extremely difficult due to the nature of hitting 150 hours, having it rented for 15 days or greater and having the avg stay be no greater than 7 days and not a decimal more.

Entire US industries have been decimated due to an exploitative trade imbalance.

We had our ash tree population decimated by the emerald ash borer beetle, which is an invasive species from China, but they are pretty hardy and survive -20F pretty well

Plus the FMR and Section 8 payment is way more than my carrying costs, spec since I buy multi families, so Its not like its decimating my monthly gross by taking care of some place.

I have quite a few STR's that were decimated by flood/storm surge with Helene, and then Milton came to finish the job with wind.

I have quite a few STR's that were decimated by flood/storm surge with Helene, and then Milton came to finish the job with wind.

@Andrew SteffensI have 7 units decimated.

@Dan DiFilippo for the sake of the conversation, I can’t wrap my head around crypto being a de facto currency as an ever expanding population needs a money supply to expand somewhat with it, or the ensuing hikes to interest rates caused by more and more people chasing a finite resource would decimate the economy.I freely admit I haven’t researched this enough, but interested to hear thoughts.Full disclosure I don’t have any crypto whatsoever, and think if it becomes as widespread as bullish views want it to be, I could end up accepting rent in BC or sell a property or 2 and convert to BC.