Louis is anything like Denver, or any other Colorado city/county with STR rules, the taxes that show up on Airbnb should only apply to short-term rentals.At least here, local municipalities often apply the lodger’s tax to STRs.

Specifically Detroit MI, Highland park MI, Saint Louis MO, and Springfield MI.

.$166,814$630,900$3,892Miami$165,818$643,900$3,869Denver$161,935$647,800$3,778Riverside/San Bernardino$155,109$609,200$3,619Portland$151,963$591,200$3,546Sacramento$144,791$550,000$3,378Salt Lake City$138,012$556,500$3,220Austin$136,845$465,100$3,193Providence$135,721$492,700$3,167Phoenix$119,546$487,900$2,789Las Vegas$119,242$486,400$2,782Orlando$117,731$445,000$2,747Hartford$113,491$378,300$2,648Raleigh$113,466$443,900$2,648Dallas$113,069$377,900$2,638Richmond$112,951$446,300$2,636Chicago$110,038$371,500$2,568National$108,486$402,300$2,531Baltimore$106,969$393,000$2,496Tampa$106,903$400,000$2,494Minneapolis$106,442$388,100$2,484Nashville$105,831$417,600$2,469Milwaukee$105,477$388,100$2,461Philadelphia$105,118$363,000$2,453Jacksonville$104,718$390,000$2,443Charlotte$104,324$411,200$2,434Houston$100,142$337,400$2,337Atlanta$98,232$369,400$2,292Virginia Beach$92,269$350,200$2,153San Antonio$90,393$300,000$2,109Columbus$89,131$321,800$2,080Kansas City$88,913$328,700$2,075Indianapolis$81,918$316,200$1,911Birmingham$80,084$312,800$1,869Cincinnati$79,540$293,900$1,856New Orleans$78,572$291,000$1,833Buffalo$76,156$245,900$1,777Louisville$73,844$278,100$1,723St Louis$73,581$262,100$1,717Memphis$73,302$276,100$1,710Oklahoma City$73,052$258,800$1,705Detroit$72,296$254,200$1,687Pittsburgh$64,071$225,400$1,495Cleveland$63,611$213,200$1,484https://www.visualcapitalist.com/mapped-the-salary-needed-to...So, I’m recommending that if you can’t get more rent than expenses, move on to the next opportunity.

Louis market or a future STR market only you can decide.

Louis?

Louis (4%), Pittsburgh (3.5%) and Birmingham, AL (2.4%).Aside from Cincinnati, three metros saw rents hit a record high in May: Chicago (up 1.9% Y/Y to $1,781), Memphis (1.9% to $1,274) and Washington, D.C. (2.4% to $2,104). 

Louis, Birmingham...I'm currently working with Florida developers in Ocala, Cape Coral & North Point as well. 

I have a few hard money lenders locally in St Louis.      

Real estate data analytics company ATTOM said in a May 29 statement.Zombie homes, which can fall into disrepair and negatively impact the value of other properties in the neighborhood, are a sign of distress in the housing market and the broader economy.According to ATTOM’s analysis, Peoria County in Illinois ranked at the top in the list of U.S. counties with the highest zombie foreclosure rates.Those counties include: Peoria County, Illinois (17.6 percent of properties in the foreclosure process are vacant); Broome County, New York (13.8 percent); Cuyahoga County, Ohio (11.2 percent); Baltimore City County, Maryland (10.8 percent); Marion County, Indiana (10.5 percent); Lucas County, Ohio (9.9 percent); Allen County, Indiana (9.8 percent); Saint Louis County, Missouri (9.6 percent); Pinellas County, Florida (9.3 percent); Vanderburgh County, Indiana (8.7 percent). 

@Michael Oliver I started investing in Saint Louis a few years ago with the same excitement tempered by fear of the unknown.