If you can't make a distinction, then you haven't defined your criteria well enough yet.

The second option is to sell and house-hack a fourplex, which offers more units, higher potential cash flow, leverage equity, and appreciation potential.

And if you decide to own a dog that is on a list of breeds that are a higher liability, then you take that risk.Dogs that are bred to be aggressive are more likely to be aggressive.  

I always invested in the “higher end of the lower end,” starting small and working my way up so the banks had no issues financing my next property.

For those who are charging higher nightly rates, where would you say your rates are vs comps to try to weed out the trouble guests?  

Rates can be very similar to those of conventional financing (Fannie/Freddie - full doc loans that you will need to prove income to get), but typically a little higher than conventional financing. 2nd - Networking and partnerships! 

Jaedon, that’s a question I’ve seen stir up a lot of debate, especially these days when the cost of capital and property prices can feel like they’re arm-wrestling over who goes higher.

I generally prefer higher since I don’t plan on putting in small claims, it’s basically just for catastrophic loses and the savings in premiums over multpiple properties for multiple years should balance that out if I have ever have to use the insurance.

However, be prepared for limited inventory, higher competition, and possible compromises.

Also, what are some other low cost amenities that I can add to my STR that will yield a higher ROI?