That tells me things are down in the industry.Specific to the Smokies, it is far too early to give actual data on visitor counts to Sevier and Cocke County – we won’t see those until September and October – but our own business shows that we are off 13.7% for June over last year, and indicators for July are similar.

However, there are some areas that Rocket Homes might not have data on.

Like try to track data, metrics, how many exist, how many are occupied, how often, pricing etc. forecast your pricing, and estimate vacancy, then determine your desired threshold for cashflow vs risk, set an all in budget and let that budget make some of these determinations. 

This Wikipedia page has the data you need.

Quote from @Collin Hays: Quote from @Chris Watson: Just a few additional details to accompany the fuzzy math data. 

“No money down” is a LOT harder now than in the past because of legal issues regarding mortgage fraud, the concentration of title insurance into 11 major issuers, and the instant availability of data.  

Each carrier computes their own replacement cost based on public data, third-party data, and agent/insured input data.

AirDNA usually has very accurate data for vacation rentals, which is what I have found.

Hard to ever know for sure until you actually test the market. 

Not all sales agents are created equally, but data suggests the top tier sales agents will achieve a result that exceeds the few percentage points of commission savings you are looking to pocket.