Questions about the numbers
Can I see a platform-generated export of trailing twelve-month revenue and occupancy, not a summary document? What was the average daily rate by month, not just the annual average? What were actual operating expenses, including cleaning, supplies, and platform fees, in the same period?
A seller or listing agent who can't produce this data, or produces only a projection, is asking you to underwrite blind.
Questions about the property and the rules
Is the short-term rental permit or license transferable to a new owner, and what's the process and timeline? Are there any pending local ordinance changes that could affect operations? What's the age and condition of major systems -- roof, HVAC, water heater -- that will affect both insurance and near-term capital expense?
Walking into a call with these questions already answered, or knowing exactly who will answer them, is the practical difference between a done-for-you acquisition and a solo purchase.
BNB Accelerator's acquisitions team, led by Nick Korom, screens over 1,000 short-term rental listings a week and hand-delivers the roughly 2% that clear underwriting. Book a free consultation to see what a done-for-you short-term rental acquisition looks like for your situation.