And the plan is to convert an existing Airbnb I own (and have run as an Airbnb since 2019) to PadSplit.

I’m evaluating a flat infill lot located behind an existing retail strip, off a major thoroughfare and near a highway, in a growing suburb.

If enough people mention the odor and have concerns about the tidiness of the dwelling you should share their concerns with the existing tenant and use this objective feedback to drive the point home.

You’re right to be cautious - Fort Lauderdale’s market is pretty saturated now, and margins have tightened.

In my opinion most jurisdictions (cities, counties, communities) have done an excellent job of balancing saturation and have clear applications and processes towards operating a legally, zoned vacation rental.

The Blue Ridge market has been getting a bad reputation over the last 2+ years of being too saturated, and popular influencers and social media personalities have cautioned investors to stay away. 

Step 3 is glacially slow and often non-existent

I think the airbnb short term space is over saturated.

I find that the resort spaces are more seasonal and are largely saturated so the competition is very high unless you have a standout property. 

Hey Brandon, Ohio is one of those markets that we're seeing incredibly strong debt service in, as prices haven't been inflated by market saturation and the cash-flow post-refinance is typically strong.Sent you a connection requestOne of the value adds a lot of investors have been appreciating is the ability to close on unoccupied units, minimum 1.0 debt service requirements, and 90 full value refinances (sub 90 days for full cost basis).