Right now I am trying to build capitol and get better at recognizing deals and running numbers. 

David, it's good that you recognize capital is the biggest issue holding all investors back.

It’s hard to recognize that town these days let alone find a parking spot downtown. 

IRS has to say.Assigning a contract is different, you recognize income as received.

I recognize the market to not only be expensive to start but also filled with sharks.

As such, driving forces are all related to user demand, not investor demand.This is triply true for those vacation condo setups where the unit owner is required to utilize the in house management company when renting the condo or required to be in a rental “pool”.Further built in the HOA fees is a management fee.If you can do the renting yourself your ROI will double - if you can obtain the same rental rates.The emergence of AirBNB and VRBO has made the renting of private vacation homes very simple, increased the supply greatly, and hence put tremendous downward price pressure on the traditional vacation rental market.Investors in SFR often don’t allow a large enough reserve for future repairs in their ROI calculations, or only recognize a depreciable expense when it occurs.

If you consistently analyze properties, it will be much easier to recognize a good deal when it shows up.5.

Smart municipalities recognize that there are revenues to be made with allowing STR's but when crappy owners and managers don't play by the rules or disrespect the neighborhood, they start cracking down. 

I am doing my best to be thorough in my property evaluation and approach this as a business rather than a hobby, but recognize I offer no personal experience in this arena.

However, recognizing these differences and working towards mutually beneficial solutions can transform this contentious relationship into a powerful partnership.