And you're seeing that in the headlines now as Detroit "dethroned" Miami as the highest appreciating market recently:https://finance.yahoo.com/news/detroit-dethroned-miami-faste...Happy to chat about my experience there or send some resources that might be helpful. there's a zip in miami we have been looking at for development deals (33138) that is unbelievable. like 30% appreciation. we underwrite about 14% in Miami for deals. imagine starting a 10 million dollar build that is worth 20 million on completion and it goes up by 14% when you are building. unreal 

The income basis put the value at over 2x the value of comps (it was a true over 1% property in San Diego which you can imagine the value income approach showed). 

Thinking owner of property saved $30,000 to have it removed.Only imagine the look on people's face when they saw first day versus day on market. 

Hard for a person to imagine living there. 

Maybe working in the STR space just makes it hard to imagine that there is significant demand for longer stays?

I imagine once I buy a place with a small lot, designated spots are the way to go like you said.

One additional tip, when I house hacked, I was very naive and assumed that everyone lived very similar to me (ie. wakes up early, goes to bed early, likes a clean space etc.).

I can't imagine it really has to do with this EXTREMELY minor payment issue. 

The fact that it has makes it a bad plan. . imagine you have $500k in appreciation.

Folks get over confident, think "what's the worst that can happen" and they often find out it's far worse than they could have imagined.