Our buildings are in high growth markets in New York, New Jersey, Connecticut, Massachusetts and Pennsylvania. 

I'm not as familiar with Cincinnati, but I have seen many headlines about the city's growth. 

What if they build just outside the city limits, so they are not paying city taxes?     

I did not realize one of my units had the 7-night minimum but that currently is a requirement in my city, I do not always follow it.

Are you in the city or in a suburb, for example?

Tenants in many markets already believe they pay too much (contrary to recent studies that show rent to property values have never been lower for the large US cities).If my insurance costs are not double my current rates over the next couple years, I will be pleasantly surprised.  

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

We haven't even discussed carriers raising their rates due to their reinsurance carriers increasing their rates, your building locations (CA, FL, NY, coastal counties/cities, etc.), how litigious is your state, your own loss history/ratio as an individual investor, the carrier's overall loss ratio in a certain state/area, the deductibles you've elected, etc. 

The City of Detroit is block-by-block in many Class B & C areas.In our opinion, zip codes cover too large an area.We use Detroit Neighborhoods, which are much smaller than zip codes.

We invest in every property type, in cities across the country, with different syndicators or private partners.