The risk seemed zero, but it still happened (city poor maintenance played a role).- because people should be compassionate.

@James KieferRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

You might not need professional pics for your market, but it is importnant to get nice quality pictures with good lighting.

So our cash flow was reducing during our hold due to poor ADR increase and large insurance and prop tax increases.  

Excessive complaints or three violations in three years could lead to losing the ability to operate​.Impact on Neighborhoods: Non-owner-occupied STRs (Type 2) may cause friction in residential neighborhoods, as they often function like businesses, which can disrupt the local community atmosphere.Recent Regulations (2024 Updates):1) STR operators must obtain a permit for either Type 1 or Type 2 properties, depending on whether the owner lives on-site.2) Platforms like Airbnb are required to remove any listings that lack a valid permit.3) New noise and occupancy regulations apply, with stricter enforcement through permit revocations and finesThese regulations are part of the city's efforts to balance the benefits of STRs with the preservation of neighborhood quality and local safety standards.4o

Instead of actively seeking out buyers, focus on what I do here: establish credibility, showcase your knowledge and competence, and lock in high-quality deals where the numbers make sense.In this space, transparency and honesty are key.

(You should read Rich Dad Poor Dad)Now, how about we let this go, and let's work together to help others succeed, rather than these kinds of posts!

These improvements not only enhanced the property's appeal but also attracted higher-quality tenants.

Additionally, moisture in the basement with possible fungi growth could mean mold, which can affect air quality and require professional remediation.

I own this duplex in NH and it's a poor time of year to rent.