Buying STR with 5 star reviews
I'm interested in your experience if you have purchased an existing STR that has numerous 5 star reviews, super host status, and higher rates and occupancy than other houses in the neighborhood? I don't feel like I can use existing occupancy and rental rates for this house as a comparison for ROI since as the new owner I will be newly starting out with the house and may have to work up to the rental rates they are currently charging. Curious if others have done this and how long it took to build up success. Thanks!