For RBR - I use electronic door locks on each bathroom, 2-3 people per bathroom, build in a cleaner per month or every 2 weeks to the contract, supply toiletries and basic condiments, ensure your fridge/kitchen space is big enough and make sure you have parking.

It is a very difficult area to operate in because of limited service providers, home quality, and the increase in supply, and big drop in demand. 

And since this all feeds into the experience, please don't be the host that ruins the experience by asking the guests to provide all their own cleaning supplies, toilet paper, etc.  

I have a property manager in place (one recommended by RTR) and he suggests (i) new build supply is way higher than demand (ii) realistically (if at all we find a tenant) we should target a rent of $2100 vs $2500 projected by RTR.

The commercial real estate market, particularly for office space, is hurting, allowing for negotiation including incentives like free rent, contingent upon the supply and demand dynamics of the market.

. - Lots of demand from Northern California, and not a lot of supply. 2.

If the lender doesn't consider the rehab substantial enough, there are some lenders that will do a cash out refi for what you bought the property for plus the money you put in and have receipts for supplies and labor for the rehab with no waiting period.

Thanks for supplying this list!

On the other hand, investors who rely heavily on debt markets tend to respond swiftly to macroeconomic factors like rising interest rates, concentrating on large, management-intensive projects, and adjusting their price targets based on their evolving cost of capital and future cash flow projections.The top end of the market sees a limited number of marketed investment deals, but the sluggish transaction activity is not due to a lack of supply at the lower end.

But thats a win in my book given that supply of STRs has more than doubled over the last 2 years in Coachella.