Born and raised in Charlotte County, I have been through several hurricanes and that is why we have insurance and building codes.

But we should be happy because they have raised the price by 20% to anyone signing a contract today.Basically destroying the cashflow on the deal. 

that was really helpful. 1% might be a little high for the area I'm in, but it does give me some confidence in raising the rent a hundred dollars or so.

What makes you want to hold it long term being that it's only 12 units rather than sell after raising NOI and trade up to something larger?

It turned into a good year overall, more positive ratings, and calendars booked much more quickly this year even after I raised the nightly rates. 

@Loid Danga I agree with everyone that the easiest and fastest way is to house hack although the partnership might have enabled you to do this faster too since you might be able to raise more cash.

If you guessed "zero" and "never" - I suggest you guess again.Besides a promise to raise tax rates, Biden's initial tax plan includes other proposals to revise the current retirement savings system.

Raise your minimum requirements too.

Plus, if we raised daily rental rates by that amount to offset - You would lose another 20%, because we base our commission on daily rental rate (which doesn't include cleaning).

Seeing any property in the Fxbg area sell for just $159k made me raise an eyebrow- figures that it was off-market.