Also AirBNB stocking fees, maintenance, cap ex.But at the same token know that the principal portion of your mortgage payment is actually not a true expense so there is that benefit to doing all of this even if you are light on the cash flow or break even.  

Not true at all.If you want to successfully run an STR you need to be on both AirBnB and VRBO at the very least, PLUS run direct bookings.

This is a GREAT post and so true.

You can trick your heatpump tstat all you want on your own dime 😁🥶True , but boilers put off heat , if the Tstat is in the boiler room , the rest of the house would never see heat from the boiler anyway .

you should be calling an attorney if what you've said above is true. 

If true this could take a significant bite out of STR income streams.I'm wondering if any locals have heard this or know more?

In the June 2024 update, I said “All indications are that it will get worse before it will get better”, and this has proven to be true.

For the first part of your question even if you were working with a realtor, I don't personally know many that have a true pulse on rehab costs and I wouldn't make any investment decisions based on their rehab cost projections.My suggestion would be to study how to evaluate the Big 6 rehab costs: roof, siding, windows, HVAC, electrical, and plumbing. 

Quote from @Jonathan Greene: Quote from @James Hamling: Thing is @Jonathan Greene, your message, as true as it may be, comes across to a whole generation like that of the person giving away apples and tooth brushes for Halloween..... 

I have been wholesaling and flipping but ready to create true wealth for myself.