STRs are currently permitted west of US101 ('Redline') and subject to saturation and landscaping requirements.

Quote from @Victoria Redlin: @Halle Hughes, @John Culotta I'm replying on this old post, but am wondering about this business model.

@Andrew Foster some decent advice here, but also some feedback from those who really don't have enough info to support their perspective.Many DIY investors price repairs on materials only and forget about labor as they do their own work.We're a PMC in Metro Detroit, but here's how our process would work:1) MoveOut Video & Pics used to create Scope Of Work (SOW)2) SOW broken down into Priority Categories:- Health & Safety- Government Required (municipality/S8 inspection requirements)- Property Preservation- Marketing Impact / Tenant Retention- Miscellaneous3) Bids obtained if we feel work will exceed Owner Approval Threshold4) Bid sent & discussed with owner to, "redline to their budget"5) Work begins once owner approves & funds6) Completion video/pics providedOf course, while this is going on our Marketing Dept would be doing a rental analysis & ad, and discussing with owner.

For me, in BTC I see the red-line at $72k.

You can let the market appreciate over time, force it by rehab or use down payment - usually a combination of all of them, but with 0% equity I don't even know if I'd call that an investment.For a portfolio 50% to 75% is sensibel leverage, if you fall below that you are leaving money and opportunity on the table, if you go above you are redlineing on the risk scale, thats not sustainable for long.

“Predatory landlord” / “Redlining 2.0” framingSource: Cleveland Scene, “Justin Bibb Issues ‘Eviction Notice’ to ‘Predatory’ Property Manager Holton-Wise,” July 8 2021Who said it: Justin Bibb (Mayoral candidate at the time).Quote: Bibb called Holton-Wise a “predatory property manager” and accused the company of “modern-day redlining.”Context: Press conference in Cleveland condemning use of “war-zone” maps and T-shirts reading “I ♥ Eviction.”URL: clevescene.com/news/justin-bibb-issues-eviction-notice-to-predatory-lender-holton-wise-36299017Source: Same article — Holton-Wise response via YouTubeWho said it: James Wise (on HoltonWiseTV).Quote: Called Bibb a “socialist *******” and defended the maps as investor analysis tools.Context: Direct video rebuttal to Bibb’s remarks.2.

Will Moco County council realize that rent control is killing private development of multifamily homes, and we are actually getting redlined by investors? 

For example: Not sure it counts as 'weather' but some of my clients are understandably have a redline about being out of the Tsunami zone. 

In this Investment Thesis, we’ll explore North Bethesda and the I-270 Corridor, and how it is positioned for strong future home price appreciation and rent growth through its stable and growing job market, future developments, and prime location.North Bethesda was mostly a residential, suburban area until 2010 when the Pike District began to be planned out to create an Urban core in the area centered around it’s two Red Line Metro stops, easy access to I-270, I-495 and Washington D.C., and outstanding public schools.

Seaside: Permitted west of US101 ('Redline'), subject to saturation and landscaping requirements.