In comparison to pre-pandemic norms:Existing sales are down 25%Pending sales are down 31%Mtg applications to buy are down 38%Worth repeating what I have said previously: interest rates aren't the problem, as I hear so many shouting.

We give specific instructions to the agent conducting the BPO as to what we are looking for so they know what to look for in comparisons. 

By comparison to the California market, Jamestown (and Chautauqua County) is an affordable and profitable market.

(In comparison, investors buying rental properties often don't get to deduct or immediately deduct these expenses.)2.

They’ll help you map out what’s deductible under each scenario.Run both models side by side (with & without personal use).Use tools like AirDNA or Mashvisor to estimate cash flow.Check local STR rules in Fairplay—some towns in Colorado are getting stricter on licensing.You can definitely blend lifestyle and investment—it just helps to go in with eyes wide open so you’re not surprised come tax time or when evaluating long-term ROI.Let me know if you want a simple tax comparison spreadsheet—I’ve helped a few folks model out these exact two options.Thanks, Kyle Wheeler

I think what would be interesting to add to this is the # of cabins available - for example 2018 was 74% but if it was 1,000 cabins (I am making numbers up and using small numbers for ease of comparison) that is 740 but if there are 2,000 now at 53% thats 1,060 - which is a good increase but would also highlight the oversupply and give an idea of how much oversupply there is

I love the oatmeal cookie comparison 😂 and totally agree on the agent piece.

The ARV if we finished it would be closer to $240k based on comparisons.

So before you compare those companies as operators it makes sense for you to decide which of those asset classes is what you are interested in - then find operators who are involved in that asset class for a comparison.  

Once the tenant vacates:• Reinspect the unit using the same checklist from move-in for comparison.• Take updated photos/videos showing damages, excessive wear, or uncleaned areas.• Upload all evidence to the tenant file in your system (Property Pal).3.