And yet the neighborhood around it is going up, so we can capitalize on either a complete remodel or making it a tear down in the future.Its not so much about comparing what we like to do vs a long term buy and hold, but rather we have a long term buy and hold with multiple outs.So for instance (a real example), we bought a 3 bedroom with a weird configuration, some odd things like 7 inches between the lower and upper cabinets in a transitional neighborhood right near downtown.Purchase price was $180K, 2,700Sqft, the house most recently had rented for 1,300/M.......Although it was configured as a SFH, the property is zoned MF.We put in about 30K to turn a loft into a bedroom, added a couple of closets, closed up a door, painted, put in some flooring,  redid the privacy fence,  etc etc. 

I'm not sure how to configure the keyword(s) so I'm only notified for the city in my state.Appreciate any assistance.

And many of the more aggressively configured offerings are coming under pressure and have stopped making distributions, required unplanned capital calls from investors to avoid default.So I personally wouldn't consider investing in either of those two sponsors.

With AirBnB, as far as I know there is no tax line item in the quotes, so you must configure that into the nightly rate.  

We waver on whether to list it as a 2 bedroom or 3- it IS three true bedrooms but the third is quite small and would fit just a twin bed or a desk based on the configuration.

The building was previously configured with 4, so we added a fifth meter and this is where it gets interesting.

New configuration - Apartment A: 2 bed 1 bath, Apartment B: 3 bed 2 bath. 

For this to work you have to have the same configuration on all units. 2 knobs and 2 deadbolts for example.

Analyze local listings on both platforms to understand pricing and configurations.

Educated at Yale and Princeton and an innovative thinker and leader in New York's real estate community, Alex Cohen develops strategy, advises, manages and analyzes commercial office, retail and mixed used acquisition and lease transactions for tenants, landlords and investors.With a background in urban planning, 15 years of commercial real estate transaction negotiation totaling millions of square feet, extensive real estate experience in launching international brands in the US and deep expertise in the marketing and repositioning of mixed use real estate, Alex Cohen's unique perspective allows him to: - Identify markets and buildings and plan space configurations with the potential to attract and retain Millennial (and Gen X) talent to drive business growth - Develop branded office building environments that incorporate important new technologies and trends and establish flexible and activity-based occupancies critical to the Workplace of the Future - Position real estate assets to attract the world’s leading brands to build centers of collaboration, creativity, experimentation and consumer retail interaction.