Has automation actually improved profit, or mostly just made life easier?

I'm also in the process of trying to improve my underwriting, I would say 3 things have really helped me underwrite better being: 1.)

Hello Everyone!My wife and I have had decent success with single family rentals, but our endeavor into STRs had had mixed results. Over the last 3 years, we consistently get a medium-term renter for the winter months,...

One of my favorite deductions to see for short-term rental owners is land improvements.Land improvements can make an STR significantly more marketable.

The business plan focuses on operational improvements, targeted renovations, and improving occupancy to increase property performance.

Or I have to depreciate whole 60K improvement?

If they hold, there’s room for modest improvement.

I’m always looking for solid assets in good locations where there’s room to improve the rents and hold long term.A good example is a deal I picked up at 1927 NW 20 Ave in Miami.

Duplexes are especially attractive because you can increase income through small improvements without taking on the complexity of larger apartment buildings.

Once the asset has seasoning, improved rents, or additional value creation, lenders may look at the property differently under bridge underwriting.At that point the financing conversation shifts from borrower income to asset performance and future value.In other words, the property becomes the primary credit driver rather than the borrower.I’ve seen situations where investors used this transition to:• unlock additional capital• reposition a property• fund renovations or expansion• prepare for larger permanent financingCurious if anyone here has used a DSCR structure as a stepping stone before bridge or asset-based financing.Would be interested to hear other experiences.