National average calculators are basically useless for deal analysis.— Kitchens and bathrooms account for roughly 45-55% of total rehab spend on a typical flip, but they're the rooms where estimates are most likely to be wrong because of hidden plumbing and electrical work.— Contingency budgets under 15% are a gamble.

I’m eager to connect with others who are already investing in these markets and exchange insights on deal analysis, property management, and financing strategies.

How long does a thorough analysis take you?

This number is very conservative based on what we've talked about, wondering if I am expecting to pay too much for insurance.Also, I am only using these numbers for a quick and dirty analysis.

Deal analysis: What to buy once you’ve chosen a marketThis post is about the first one only.Instead of asking “what’s the best market?”

Yes, your operational analysis is super important with respect to staying profitable.

Hi all,  I have been thinking about buying an STR property for a long time and I have analysis paralysis. 

Your spreadsheet is fine — the bottleneck isn't analysis speed.

Any beginner friendly book recommendations to learn about the processes between analysis and closing (contracts, due diligence, title, legal, etc.)? 

We're trying to decide between an owner-occupied LTR and a flip - we've definitely got some stars in our eyes, maybe a hint of good old analysis paralysis.I would love to connect with any and all individuals to hear their experiences.