Consider having a tool like PropStream or Foreclosure Radar. 

Use tools like AirDNA to research how often properties are booked and consider seasonality so you can take full advantage of peak times.

Any tips or tools for evaluating the local market would be greatly appreciated.

Use tools like:Airbnb Analytics: Monitor impressions, clicks, and overall CTR.IntelliHost: Analyze your listing for category placement and CTR improvements.RankBreeze: Track your listing's performance and ranking changes.You can also A/B test your photos by rotating lead images or running Meta Ads (Facebook/Instagram) or Google Ads to measure which photo drives the most engagement.The Airbnb algorithm is continuously evolving and every host should pay attention as new features are rolled out. 

Any advice or tools you’d recommend would be really helpful!

@Alec DresslerYou’re on the right track using tools like AirDNA, but for better data, consider the paid version or platforms like Mashvisor for detailed rental analytics.

Being part Alaska Native, there was incentive where they would pay your down payment and we utilized that tool!

•For example, a listing with three price drops and 180 days on the market would be weighted less than one with 30 contacts, no price drops, and a quick removal after 30 days.3.Open Data:•Provide direct access to each comp’s details: price history, leasing schedules, photos, and even links to the original listing sites—all without leaving the platform.These three issues have been my biggest frustrations with current tools, and I’m building this out for internal use in my market.My questions to you:•Is this something you would want to see in your market?

& how you become financially free is by letting whoever your renting to (I'm guessing that was a step also?)

I have never been able to utilize any DPA with any deal as of now, but it is fun to keep it as a possible tool for use in the right situation.