ARV will be about $230k.Let me know, i can share my investor package and calculator i built. 

Quote from @Shaza Atassi: When I put together a deal package, I don’t stop at just the financials.

I've been packaging verified property data for my own use and networking, and I'm just looking into how different out-of-state investors approach Detroit.

Happy to provide my investor package that might help you. 

Pace was the only one I encountered who showed up live, who is living these deals out every day and consistently finding ways to deliver (increasing) value to his community.

The initial REITs offered in the 1960s were packaged with the worst properties in the sponsors portfolios; the next wave of offerings were better properties but at way above market prices.  

Whichever path you pick, prep a tight lender package: appraisal comps for similar STRs, trailing month P&L, forward bookings, photos, and a clear use‑of‑funds plan.

There are also other types of forms that are missing from the BiggerPockets package. 

The income from renting by the room can then be presented as a premium on top of that.Present a Professional Package: Don't just tell them your plan; show them you're a professional operator.Create a One-Page Summary: Include your projected income, expenses, and resulting DSCR based on both the standard rent and your room-by-room model.Show Your Experience: If you have experience managing other rentals (even if not by the room), mention it.

Very good guys right on target and so true.. the other one I encountered as a Broker was the Hubby who wanted to look at the property without the wife and tell you he makes all the decisions for the household..