Once you factor the income tax, vehicle tax, soda tax, obesity tax, smoking tax, and all other ridiculous taxes you guys pay, Texas is the real winner.

Police out nightly with teen rave parties.

The housing stock here is old, as in built in the 19-teens, 20s, 50s.

Teens already would rather NOT ever drive.  

I grew up in San Luis Obispo, CA before moving out here in my early teens.   

On another note, maybe those of us in the STR space can start telling every teen and 20 something we know that they could make a great living by starting a cleaning and repair company focused only on STR's.

My psychology is built to fix up crapshacks and deal with broker-than-broke tenants and clean out the porn collections of morbidly obese evictees.

You don't want to go all out with everyroom geared toward kids, you then have the issue of boys vs girls and toddlers vs preteens vs teens and you may turn off some families. 

There is one I am aware of but they will not go more than 50% ltv and rates are high teens.

Since you don't have deep relationships with capital investors you likely have to show them an IRR in the mid-teens to attract them to the deal.