Of course if these Californians had the money for 20 or 30 Ohio properties they could simply buy 5 good ones in California and have experienced earth shattering record appreciation numbers over the past three years instead of break even or loss scenario for their time and efforts. 

They sell quick and I can get all the supplies at he local home improvement store. 

This Cap would allow room for some future new STR supply.

I currently rent a storage unit for $80 a month to store supplies for my property management company.

And let's be smart, would ya rather go where every a-hole from around the country is going to produce more rental inventory, or operate where supply is still insanely constrained? 

Hey all, I see quite a few posts involving determining if an area is good for MTR be it the demand/supply/pricing.

City Data and Google Earth are pretty helpful; as is working with a local broker.

Google earth and google street view is great but it doesn't show you real time dataIf I have someone offering on my listing and they are un represented and they do not want to be represented by the listing agent or a buyers agent I know for a fact that my client will get the better end of the deal in this real estate transaction. 

If you are going the traditional route you will need to supply (2) years W2's or 1099 income unless you have been self-employed or the business has been open for 5 years - them you can use most recent year.If its only business income it can be tough if you have tons of deductions and show little in NOI.

Persistent supply chain issues and strong consumer demand have not helped the issue subside; however, the core driver of inflation is and has been increasing shelter costs.