People don't book to stay inside the home; they come for the experience around it.  

If piti is $1100 and rents range from $1000 to $1200, conservative underwriting would use the lower of the rent range, we have $1100 rent - $1000 PITI - $120 PM  - $50 (vacancy) - $300 maintenance/cap ex - $50 misc (tax man, asset protection, book keeping, utilities that are not tenant responsibility such as for a slab leak, etc) is about negative $420/month. 

Of course, with all things, the answers to all these matters will depend on the circumstances.California tends to have more laws on the books and requirements and restrictions that it can be a good idea to form a CA LLC for out of state property so that you as a CA resident are covered, and to try to have your contracts fall under the purview of CA courts.

I don't think you can raise the rent by installing it because most guests aren't going to be using it anyways and it will prevent guests from booking potentially because your price is higher than others.II say all this as someone who drives an electric vehicle. 

Of course, with all things, the answers to all these matters will depend on the circumstances.California tends to have more laws on the books and requirements and restrictions that it can be a good idea to form a CA LLC for out of state property so that you as a CA resident are covered, and to try to have your contracts fall under the purview of CA courts.

Bad snow (no snow or less snow than normal) = less bookings and lower rates due to decreased ski demand. 

We've already taken a few online courses and read some books, so we're getting our head around the multi-family syndication business.

A ton of blogs and she has her book on there as wellhttps://syndicationattorneys.com/Gino

I just picked up the book on investing in real estate with no (and low) money down.

I will gladly explain more to you or if you want to get my book on Amazon you can find it regarding Sub Tos and Lease Options.