To be competitive you also had to have a hot tub.

Most people that bought short term rentals when the market was hot are now trying to rent them and a lot of rentals are just sitting on the market because now also the long term rental market is saturated as well. 

The tenant said that they opened the window because they were too hot to sleep at night.

Quote from @Rod Navarro: Switching your rental properties to an LLC or electing S Corp status might not significantly reduce your tax burden, as both are generally pass-through entities for tax purposes.

Most of them are looking at places like the Oregon Coast that has huge potential for STR cash flows.Texas is a hot market and priced much better than Vegas in more than a few markets.

For what it's worth, Cleveland and other parts of OH are hot right now.

They can’t review the “hot” deal their broker just sent them because they’re too busy categorizing emails in color coded category’; they can’t attend the on line networking session because they need to switch over to a more detailed CRM system; they can’t visit the property going up for auction because their scheduled weekly garage cleaning is running overtime…..The Educator – This person never feels they have enough knowledge, experience or education to properly evaluate an investment.

We're in a hot market.

Just for arguments sake, would you write a policy without having researched the TITLE at the RoD/Clerk's office?

So what do you numbers look like when you have to replaced that 2k hot water heater....or that 6k HVAC...or have a tenant turnover?