Even if the specific booking is not from Airbnb, the entitlement is permeating the market in general.I do like how pretty much all of the OTA's offer trip insurance. 

Unless you are sourcing properties yourself off-market, REI became much more challenging in 2023, and downright brutal since the start of 2024 here.   

You could put most of your funds in the stock market and access them when needed for a HML.

Educate yourself on how to handle marketing, screening, late rent, lease violations, etc.

So they used the actual rented data of these companies to compare what rentals should go for in your market.

The market is ALWAYS changing but I know at this time, seasoned investors are getting 80% LTV on DSCR in the 6% range and 90% of PP/100% of renovation if total loan does not exceed 75% of ARV for FixNFlip loans. =)  

I am not sure if I should stay local to my market.

Are you investing in your local market?

These cities are the well known, sub 100k markets in the US.

I can say that with Phoenix, a multitude of opportunities can be in store for you if you invest in their market, network, or even just want to get familiar with it.What type of real estate are you into: fix & flips, buy & hold, multi-family, or something else?