I still see deals coming across my desk that will get this level of cashflow, but they are not beautiful properties listed on the MLS. 

Confirm Rent Roll + Property-Level DataMatch lease agreements, deposits, and collected rents to your books.

If you look at a proforma on a buy and hold deal, the first few years are the leanest from a cash flow perspective before rent escalations hit, so it can help you increase returns at the beginning, and you can then phase in principle paydown with the rent escalations and keep the same level of cash flow. 

Using margin at mind bending levels. 

Stress level: Olympic.The 2.5-Year GrindWhat should’ve been a quick stabilization turned into a 30-month, “is this thing ever going to end?”

Regardless of your level of plain/simple vs rustic vs fancy, you can do it for much less by just going to used furnishing stores (primarily).I used both 1) high-end second hand stores (meaning not primarily Goodwill and Salvation Army), and 2) lower level antiques stores where they have decent pieces for say < $500.

National headlines are loud right now: the Office CMBS delinquency rate just hit 11.8%, the highest level ever recorded.

.--- You can also go down ONE level, but only in high demand areas.

That realtor will never know the data at the level that STR Search does, but they are part of the process.

Wages for all income levels need to catch up to prices.