just look at virtually any large forum’s advanced search capability to see what 2020s standards for advanced search capability are.  

The property should still cash flow after accounting for realistic vacancy and turn over expense, professional management, and  utilizing licensed, insured vendors.If a property doesn’t meet these standards, the cost of learning will be high.

How much importance are you placing on speed of funding and flexibility, vs. yield and underwriting standards?

I'm looking to do something in Santa Fe that is a bit more upscale than what you would see for say, travelling nurses, etc. and moreso geared toward travelling professionals or creatives who would benefit from an office space in the house, along with thoughtful and current renovations and furnishings.This is my first time buying an investment property and I'm trying to figure out a realistic way to analyze properties with potential renters but have found mixed opinions on how to predict pricing, especially when doing something a bit different than a standard furnished unit.Would love any insight that you are willing to share!

Swap old water heaters only as they fail or if you’re standardizing for reliability.

Rental of the entire property in a standard residential zoning district is generally not allowed under the home‐sharing ordinance; full usage may only be allowed if property is in certain commercial or mixed use zones. 

The key is understanding insurance costs and local building standards.

The Lender’s DCR – Theoretical and OptimisticLenders calculate Debt Coverage Ratio (DCR) by dividing Net Operating Income (NOI) by Annual Debt Service.Their version of NOI is usually based on: Market rent (sometimes even above actual rent) Standard vacancy allowance (often 5%) Limited expenses — typically taxes, insurance, and maybe management at 8–10%That’s it.

For those unfamiliar, Claude Code is Anthropic's command-line tool for agentic coding - it's definitely more of a power-user interface compared to the standard AI chats.

Pricing:You’ll generally be above standard rent, but not quite short-term rental rates.