Once you have consistent, high levels of cash flow then consider the “company vehicle”.

Quote from @Alecia Loveless: @Jorge Caceres When we have to include heat in our rent we just raise the price accordingly to the max comparable amount that other similar units are getting.

The appeal, in my experinence, is a steady local base plus some vacationers passing through.I’ve got a freind who scooped up a place near the Ozarks and found that while huge cash flow was harder to come by, the consistent occupancy gave them fewer headaches over time.

It probably won't come close to $150K.Run the numbers if you put the profits into a savings account paying 5% interest and see how that compares

@Fareen E. as long as you don't violate Fair Housing and are CONSISTENT, you can do whatever.If you require an ID from EVERYONE, you are safe.

Also, Dealmachine has consistent tech issues with everything and most times it's unresolved.

I am curious though, in hindsight, how does an investment in STR in Hawaii in 2012 would compare with other markets over this period of time despite all the regulation headwinds?

A lot of properties in Cleveland are so cheap compared to Vegas that you'll think every deal is amazing.

For instance, a friend of mine transitioned into the BTR market in Austin, Texas, after noticing consistent rental growth.

Compare it to your cost of living now, and that's a great start.