I’m currently structuring a two-unit short-term rental arbitrage opportunity in Seattle built around event-driven and seasonal demand cycles and would love feedback from others who’ve operated STR arbitrage or navigated major event markets.High-level structure:• Unit 1: May 2026 – January 2027• Unit 2: September 2026 – May 2027This staggered approach allows capture of late-summer tourism, fall sports, holiday travel, and spring demand, while also positioning around anticipated lodging compression related to the 2026 FIFA World Cup, which is expected to shift travel patterns before and after the event due to pricing and inventory pressure.The strategy centers on:• Strong operational leverage during peak periods• Risk mitigation through fixed costs• Demand diversification across tourism + business + events• Seasonal + event-driven ADR optimization• Hybrid short-term + mid-term stay targeting• OTA + direct booking channel diversification• Conservative underwriting assumptionsI’m especially interested in insights from anyone who has:Operated arbitrage in major event-driven marketsManaged staggered lease timing across multiple unitsUnderwritten STR performance around World Cup, Olympics, or similar eventsHappy to compare notes or walk through assumptions privately with anyone interested.

This is typically structured as two phases, not one loan.Phase 1 is a construction or construction-to-perm loan to fund the ADU/duplex build, usually with draws and based on plans, budget, and approvals (CUP, permits, etc.).

Hi BP CommunityI'm getting close to closing on this deal. my Original plan was to get a construction loan and build a SFR or a duplex, ADU,. than my agent bounces an idea. instead of getting a construction loan. this will be after CUP due to its a C2 zoned lot approval though.

I’m currently structuring a two-unit short-term rental arbitrage opportunity in Seattle built around event-driven and seasonal demand cycles and would love feedback from others who’ve operated STR arbitrage or navigated major event markets.High-level structure:• Unit 1: May 2026 – January 2027• Unit 2: September 2026 – May 2027This staggered approach allows capture of late-summer tourism, fall sports, holiday travel, and spring demand, while also positioning around anticipated lodging compression related to the 2026 FIFA World Cup, which is expected to shift travel patterns before and after the event due to pricing and inventory pressure.The strategy centers on:• Strong operational leverage during peak periods• Risk mitigation through fixed costs• Demand diversification across tourism + business + events• Seasonal + event-driven ADR optimization• Hybrid short-term + mid-term stay targeting• OTA + direct booking channel diversification• Conservative underwriting assumptionsI’m especially interested in insights from anyone who has:- Operated arbitrage in major event-driven markets- Managed staggered lease timing across multiple units- Underwritten STR performance around World Cup, Olympics, or similar eventsHappy to compare notes or walk through assumptions privately with anyone interested.Appreciate any feedback or perspectives.

All very busy maybe a quick cup of coffee some time. 

It’s not a gut rehab — mostly finishing work: electrical covers, plumbing connections, trim, fixtures, minor exterior work.Plan is to rent (likely Section 8) and refinance after stabilization.For those with rehab experience:How do you decide when a rental is “done enough” vs over-improving?

Obviously you also need hot and cold supply lines, which again, you need to be sure that you have properly sized lines to tap into, otherwise you may create new issues at existing fixtures.

The ideal time to do it is if you plan to reno, replacing kitchen cabs, and bath vanity and fixtures.

The property has strong fundamentals (roof, HVAC, and water heater are in good shape) but it hasn’t been cosmetically updated since original build.The plan would be a full renovation: kitchen, both baths, flooring, fixtures, and potentially some layout modification to bring it in line with nearby renovated comps.I’m hoping to acquire with a VA loan (assuming appraisal and any lead-based paint concerns clear) and budget approximately $150k for renovation (plus contingency).

We cleaned the house out, scrubbed down nicotine walls, replaced flooring, repainted house and kitchen cabinets, replaced countertop and light fixtures throughout.