Could you DM the situation and I’ll talk it over with our moderation team (next week)?

I would be very careful of buying for appreciation right now however since we are at the top of the price curve in many markets which means that prices are moderating and there may not be much appreciation for some time, As I said, it's all about the market and timing.

@Jamie Parker we've got a lot of this already setup for investors in Detroit, so please PM us.Otherwise, the BP Moderators flag our posts for self-promotion:(

Since the "bonus" commercial cashflow from this value-adding is mostly profit, the ROI should be stratospheric, which also opens the door to refinancing and walking away with a fast fat check at the loan's close.The demand for this type of moderate housing stems from the fact that the county is going to be growing by at least 10,000 residents per year for the next 20 years (I think more), they'll all need a place to live and the established county policy is to channel much of this growth into the urban western county.

This isn't the first time it's happened, it isn't the last time it will happen, and I'm guessing that the BP moderators see right through it.  

Depending on city/county the time frame to get plans, specs, permits done and approved is 12-24 months. 500 feet with inexperienced owner hopefully with contractor who marks up the cost 500 X $300 foot for moderate construction or $150000 cost.

If you see someone violating the rules, create a post with "@moderators" and we will receive a notification and respond.Again, welcome to Biggerpockets and happy investing!

Location of property:Occupancy rate:Year purchased:Price paid:Current property value:Gross yearly income:Yearly expenses (if can be broken down, even better):Net yearly income:Personal insight from their experience:I hope this is a legit discussion and we can bring value to newbies like me.Thanks :)P.S - If Moderator can change the title to Share your STR Economics, seems the subject can't be edited HI,I agree I won't share all of what you asked but i can give you a general idea of one of my STR properties.

Eventually, I realized I prefer lower risk, low to moderate returns and moderate to higher cost.

She wants everything paid off, while I want to expand at a moderate rate.