Every market is different, but in our STR market, Evolve and Vacasa are consistently in the bottom 10% of listings.

The landlord would be putting themself at risk by failing to apply consistent approval criteria for their rental applicants, which is what Fair Housing law is all about.

Firm, fair and consistent will go a long way and tenants need to know you will not put up with any crap!

Aside from that responsiveness, transparency, and consistency should be at the top of your list.

Once you do have a good, consistent contractor you work well with you can also try to have them buy into the deal so they get a percentage of the profits and they put money in the deal.

Looks like mortgage is over $4K/month on a 30 year mortgage.Purchase Price $950,000Down Payment $70,015 7.37%Mortgage Insurance 35000Closing Costs $18,000.00 4% $18,000.00Interest Rate 4.25%Term in years 25Financed Amount $914,985Payment $4,956.82Renovations/Repairs $20,000Out of Pocket Costs $108,015Monthly Assumed % Manual InputRent $6,000Property Mgmt $480 8.00%Vacancy $300 5.00%Maintenance/Repairs $180 3.00%CapEx $45 0.00% 45Insurance 50 0.00% 50Property Taxes 419.7 0.05% 419.7Rental income tax 0.0 25% 0.0Expenses Subtotal $1,475"Annual % Increase(rent + expenses)" 2.5%1% ruleGross monthly rent should be >= 1% to total purchase price0.63%GRM (Gross-Rent-Multiplier): the lower, the better13.2Cap Rate (Net operating income (annual) / total purchase price): the higher, the better5.72%Net Income After Financing (/mo.) = Net operating income - financing costs-$432years Monthly CashFlow1 -$4322 -$3183 -$2024 -$845 $386 $1637 $2918 $4229 $55710 $69511 $83612 $98113 $1,12914 $1,28115 $1,43716 $1,59717 $1,76118 $1,92919 $2,10120 $2,278 

Is that consistent with what you paid?

Branson MO is a popular choice for an STR market with lower price points and consistently draws over 9 million visitors annually...Feel free to message me privately to connect and learn more about the market here!

My plan is to monitor those rental listings during the fall and winter seasons, and see which units are more consistently booked.

No, the taxpayer needs to remain consistent "how you sell is how you have to buy."