Some of us are in vacation markets that only survive due to the visitors that frequent the area, and the STR that house all the guests.

Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.

@Mike Klarman yes most would agree 10k per month would do the trick.

When you apply for a home loan we only look at the monthly payment and on student loans we only hit you with .50% of the payment or in some cases if it is deferred for 12 months we can ignore it all together depending on the program you choose, for example; FHA, Fannie Mae, Portfolio etc.Another trick is if the installment loan on a car/vehicle only has (10) months of payments remaining or less we can "Omit" it all together.

Any tips, tricks or strategies you're implementing on your luxury STR vacation rental that has boosted ROI? 

As you could imagine, landlords would be filing claims frequently and all over the country if this type of coverage was a real thing (especially when times are tough, or during a period of inflation). 

If the answer is yes, you can go Nathan's route and maybe recoup a third or so, but IMO not worth it.We focus more on preventing these situations in the first place with solid screening and frequent inspections, once the damage is done it's too late.Milwaukee is currently the second most competitive market for tenants right after Mimai, FL according to the Q1 report from rentcafe.

The problem is that Katrinas are going to become more and more frequent as time goes by what with global warming. 

But I do know that if you subscribe to their email chain, they frequently give discounts to join for holiday specials or what not.

Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.