Quote from @Bryant Brislin: Land in the path of development that may seem a little far out, but your gut/intution and common sense from an urban planning perspective tells you that some day, whether it's in 10 years, 20 years, etc it will be a great long-term position for your family to have and hopefully sell at a signifcant multiple return compared to what you've paid for it.

The most common is to move in family or a rehab extensive enough that unit cannot be occupied.  

I have to think a ski town is all about STR  not the opposite They currently have about 100K in the bank that was to be used for a common space amenity, but I suppose could be used for enforcement legally. 

From purely a lending perspective, the projections from AirDNA and Rabbu are the only commonly accepted sources for underwriting a short term rental purchase or refinance DSCR loan.

I've been hearing advertisements frequently on podcasts, but I feel a bit confused and would appreciate any assistance you can provide. 

Any insight into what’s commonly accepted would be great.Thanks in advance for any tips or experiences you can share.

(And sometimes, the property managers that advertise locally, actually live more than 50 miles away which means they might not have the necessary contacts with the local contractors or be as responsive as you would wish, so watch for that).

Quote from @Jon Martin: Quote from @JD Martin:  I've got a long enough history with LTRs to know that generally you don't want tenants doing more or less anything because it's amazing how little common sense a lot of people have, and this translates into not asking guests to do chores because 1) they've paid a cleaning fee, 2) it's a vacation even if it's a home, and 3) guests that do chores might just put dirty towels back on shelves and dirty dishes back in cabinets. 

It makes no sense to me that you would need to advertise nationally.

BP is so large now, unfortunately, there are a lot of "professionals" advertising their services here but don't know the REI industry.So, to protect yourself in the future, I'd ensure at least a few other REIs have worked with the professional you choose to hire and have received enough value from them to refer their services.You can always ask the professional for references as well and they should have no problem providing a few if they are good at what they do.Just my 2 cents.