From an investor standpoint, that often favors higher quality, lower density projects with better margins rather than volume driven tourism.On remoteness and “lack of a pull,” that assumes the old tourism model.

I don't spend a lot of time on making a CMA for flips, but knowing the comps for the project I really want to know before pulling the trigger on the deal.

The financing conversation gets pushed off until after the LOI is signed.Then the lender starts asking real questions.Which rents are in place versus projected?

Are you planning to finance this project or use cash?

There are many reasons owners are selling STRs right now, but one of the primary ones is that many buyers were originally presented with revenue projections that have since changed significantly due to market conditions.

⸻My Biggest Concerns•Hidden electrical scope expansion•Water + foundation compounding issues•Permit delays•Choosing the wrong lead contractor•Underestimating timeline dragIf you could go back to your first heavy project, what would you do differently?

The rehabs are similar but the approach is different.When I started BRRRR’g projects I tended to do them as if it would be a flip.

Is it direct impact or a long-term projection?

Stores that have since moved-in to the space include Costco, HomeGoods, Petco, Hobby Lobby, Dick’s Sporting Goods, Field and Stream, Best Buy, and Ashley Furniture Home Store.Transit Oriented/Mix-Use Developments- Mobile Bay Bridge Project is said to begin in 2020, costing $2.1 billion and consisting of a six-lane cable stay bridge over the Mobile Bay connecting Mobile and Eastern Shore.

You can easily add your different stages or projects.