Unlike several companies that came in way overpriced and using high pressure sales tactics to get me to sign a contract that day to get a discount, one of the owners showed up on time, gave me a fair quote at half the price of others and said if I was interested to call. 

Better to find a partner and buy urban, then rezone or wait until millenials put enough pressure on local politicians.

The price pressure is also high as there are a couple similar houses in the same complex with a poor listing, but with nightly rates going as low as 99/night. 

Downtown Charleston, Sullivan's Island, Mount Pleasant, Daniel Island are areas where it is increasingly difficult to manage a STR under 30 days term. 

With a Hosting-Partner, they have a set basis rent every month, so yeah, pressure is on.

The current interest rates are certainly putting pressure on cash flow for financed deals, this is seen both on the hard money loan costs and on the back end for the long term financing.

Decided we'd pull the trigger and buy the home, we spent about 1 month and half weeks renovating (40k in total).We listed July 2nd and got our first booking July 3rd here our final numbers for July Gross Revenue - 6.45k ( including cleaning fees )Florida Power & Light - $200Water Bill - $400 ( high because we did a lot of pressure washing and watering dead sections of grass )Cleanings - $249 ( I decided to take on the cleanings after 2nd rental )A/C malfunction - $749 ( during renovations we didn't change the filter enough and to much dust got inside )Mortgage - $3,600 ( 9.35% interest + taxes and insurance with a 3yr pre penalty fee ) Net income - $1252Any suggestions would be greatly appreciated wether it be upgrades, photo selection, finance or you just hate it over all let me know!

Inflation in tenant build-out costs during the past several years has also added pressure to lease economics.

They continued to pressure me until I closed the door.I have a raised foundation apartment and the original floor heater has been removed, so essentially I have a big hole in my floor with a grate and some black paper under it.

Not sure I'd want that pressure of making a hasty decision to purchase a less-than-decent property just to avoid cap gains.