Since then, the company has only increased efforts to raise investor funds but does not appear to have kept up with the corresponding regulatory filings.

Not properly accounting for the regulatory risk in my opinion.My Thoughts: The Airdna data also doesn’t account for appreciation being overall lower and more variable here versus markets like N Raleigh or Cary.

Granite countertop, tile floors, touch screen bathroom mirror, 9 nozzle fully body shower and I think the commode even sang to me.  

In general, however, your body of work on the site is permanent.

There are very few qualified intermediaries that have any kind of regulatory oversight.  

The strongest deal flow tends to come from consistent communication with a small circle of flippers, probate attorneys, and wholesalers who know you’ll actually fund.Challenges: Regulatory creep and borrower expectations.

In many markets, the added layer of condo association (or HOA)  is another layer of regulatory risk.

STRs can be lucrative, but they’re essentially running a small hospitality business - higher operating costs, more management, and more regulatory hoops.Long-term rentals, on the other hand, give you steady, predictable cash flow with less day-to-day hassle.

Underwriting & Financial DisciplineMany STR owners bought emotionally — operators run models.Cash Flow Model: Build underwriting that includes all real costs (cleaning fees, utilities, management %, CapEx reserves, and realistic vacancy).Dynamic Pricing Software: Beyond Pricing, PriceLabs, or Wheelhouse to maximize ADR and occupancy.12-Month P&L Tracking: Monthly financial reviews comparing projected vs. actuals.Stress Testing: Underwrite for worst-case scenarios (20% occupancy drop, ADR compression, regulatory tax hits).System: Quarterly Financial Review SOP — Reconcile P&L, re-forecast cash flow, adjust pricing, and reset CapEx reserves every 90 days.7.

More common with private lenders, or banking institutions where pressure is being applied by regulatory authorities