They are simply more sophisticated and have greater resources to conduct more thorough diligence. 

You can normally work smarter not harder simply by investing in better real estate.The last thing I will add is the notion of cash flow and BRRRR being dual objectives.

STRs in their current form are simply big hotels, and legislation has been slow to catch up because in their original form they were more conducive to residence (someone crashing on your couch for $39/night).  

Green is good yellow needs to be looked at and Red is there is something wrong.. you simply walk in and pick up a copy of it on the counter..

The values they had before were based on rents that simply weren't sustainable. 

I thought it was simply the difference on percentage of appraised value (4% vs 6%).

You can simply offer a higher sale price to do that. 3.

There are many mentorship programs available ofc and Open Spaces was simply a great match for me. 

If it matters to any degree to retain this tenant, if listing for new tenant is a pain, I'd simply call this guy up, I'd be upfront and ask him about all this.

I realize down the road letting if I am trying to simply pay mortgages off the ROE  is no longer a useful gauge.