From an ROI perspective, there is much more money to be made in development, or investing in the booming short-term rental market in the Southeast where laws are significantly less restrictive (particularly in North Carolina, where municipal permitting is illegal).

Also noted, most townhomes reside in HOA communities that have rental restrictions/caps and HOA fees that'll eat into cash flow. 

Items I would like to see integrated:- CRM- Email Marketing Campaign (likely from CRM platform)- Issue/Break fix tracking

Invelo's advanced List Builder filters allow you to accelerate your specific lead generation needs by tailoring your searches to your unique criteria.Direct to Seller Marketing - Gain a competitive edge by creating multi-touch direct to seller campaigns from Invelo's dashboard.

Now I'm looking for a more generalized list to potentially add to my direct mail campaign down the road. 

Many of you probably know the „german“ way of doing things...The stereotype would be the punctuality and precision of the people and the public authorities.The reality is the following: a lot of barriers and long approval processes as well as legal restrictions when it comes to owning and handling capital.

There are about 10-12 other resort communities with similar amenities and have no restrictions on how you manage.

It is very challenging to get your AirBnB license unless you are renting out YOUR UNIT or you do 25% of your units if you have over 6 units or something along these lines.The only way I'd advise STRs in Chicago would be if you are going operate a business to scale and had the resources/local knowledge to do so.I'd actually highly suggest Michigan because there is WAY LESS restrictions.

Of course, if your local ordinances restrict occupancy numbers, you can safely follow those ordinances. 

In Worcester, I think your numbers are pretty close, but there are also a lot of Programs between Mass Save, and the City of Worcester that will pay for many of these things if you agree to an income restriction, or sell income restricted.