Short Term Rental Due Diligence

[Charles Andrews]

I'm looking at a property in an up and coming tourist market, as a possible STR. When I asked for a current P&L statement, the listing agent said it would be made available upon receipt of an offer (the property is currently being used as a STR).

Since even submitting an offer would be contingent on a favorable P&L, that seems like the tail wagging the dog.

Is this a typical response?

Thanks!!