There is definitely an economy of scale aspect to this.

I wouldn’t purchase a STR property anywhere it wouldn’t work as a MTR or LTR unless its local economy is based on STR.

OKC has good growth in jobs, population, and economy.

Anywhere from $500 - $2500+ depending on the insert you install and whether you run the vent and exhaust up the old flu or cap the flu and vent/exhaust through the side of the house/chimney.If you hire out the entire job, expect to be in the $1K - $1200 range.

Cities and states with the highest eviction rates:  https://www.foxbusiness.com/economy/evictions-surging-rising...https://www.newamerica.org/future-land-housing/reports/displ....https://evictionlab.org/rankings/#/evictions?

For rates to drop considerably something has to change in the economy.

They are coming to your property if you allow them or not (you cannot forbid service animals) Consider the facts: https://www.dogster.com/statistics/pet-travel-statistics-tre....Top 12 Pet Travel Statistics78% of American pet owners travel with their pets each year.54% of cat and dog owners plan to travel with their pet.58% of people would prefer to travel with their pet over a friend or family member.52% of travelers base their travel plans on accommodating pets.About 75% of luxury, mid-scale, and economy hotels allow pets.In 2019, a total of 404,556 animals were transported by airline.Nearly 64% of travelers prefer to travel with pets by car.42.9% of people look for a destination with hiking and fresh air for pet travel.Dogs make up 58% of the pets traveling around the world.37% of owners take shorter vacations because of their pets.10% of travelers have hidden their dogs to travel.27% of dog owners go the extra mile for their pets.

Most of the time, you’re looking at prices in the $150k+ range to get that kind of rent.Additionally, the economies of scale really do come into play when it comes to comparing single family vs. multifamily properties.

This decision has been made due to record-high interest rates and the worst Real Estate economy since 2008.

These factors contribute to a stable and expanding economy, which can drive demand for housing.