I'm not sure how they weight the different metrics to come up with their grades, but it's still a lot easier to use when compared to city-date.com or other sites like it. 

My wife and I are looking at purchasing our first short term rental property in the Gatlinburg/Pigeon Forge TN area and were curious about comps/appraisals.What we seem to be finding is the houses/cabins used for STR are priced higher than comparable properties in the area.

We do not want to renew the lease, since the house is in very, very poor condition and she is usually late with payments and the rent is way low compared to others around.

Compared with low-wage workers, people who have the financial ability to buy homes have been far less likely to lose their jobs, and in some ways, their ability to purchase homes has only expanded.

Im just saying if you compare a property that is about 4 times cheaper how does your ROI / Cashflow look like? 

A furnished home allows for 3X security deposit compared to 2X for an unfurnished home.

If you compare the services provided and the guarantees that I offer, you would probably ask why anyone would choose another manager.

Then compare those numbers to the average occupancy levels in your area in different seasons.I hope this was helpful.

Regardless, it still seems like it'll give you negative cash flow.Consider if there is any chance you can rehab for a higher rent (compare to the local rent rate) then redo the calculation.

I sold real estate on the West Coast for several years and honestly we disclose everything here.The contracts in California, Arizona and Nevada are laughable compared to how much disclosure we have in Texas.