The STR world is tough here in Colorado, but the basics of success remain the same: Unique or interesting home or design and furnishings, several fun amenities, and great photographs.

Basically more leverage to generate interest.

When nearby listings start showing more open nights 30 to 60 days out while rates slide, the arbitrage is basically gone.The other big tell for me is the same one you mentioned but flipped.

When companies are selecting a location to set up operations, the basic requirements include (but are not limited to):Low operating costs, since every business has competitors.

If you will learn some of the basics such as what the values of the type of properties that you are interested in your area are, then you can start to recognize a good deal.  

Also start paying off mortgage bi-weekly payment that will also reduce mortgage faster, it is a simple strategy that you are basically shredding INTEREST charges.OPEN HELOC, deposit all salaries and income into that account, and pay bills from that HELOC account.

Some DIY providers like room42.io offer "audit insurance" - basically they'll send an engineer if you do get audited.For renovation work specifically, make sure whoever you use has detailed records of what was replaced.

It’s a great opportunity to learn the basics of construction, join showings, and get exposure to marketing for new homes.

The number of issues is so large I can't concisely describe them all now, but to summarize, Latchel is exceedingly slow to respond to all maintenance requests, including emergencies, and basically fails to communicate any information regarding the status of repairs.

Your "numbers" section is basically done for you.Raising Private Capital by Matt Faircloth — Chapter-by-chapter breakdown of how to structure deals and present to private lenders.