Natural fit.

Handling Unforseen DelaysA clause should address unexpected events beyond human control, including weather-related delays, natural disasters, supply chain disruptions, or unforeseen structural issues.

When you researched markets like Austin las Vegas Miami, those markets have higher land cost and are more cyclical in nature tend to have larger price swings compared to regions with lower land costs.

Also, what's the nature of your business? 

What ROI do you need to justify the liability and active nature of owning a rental property?

But from what I've observed (and I'm sure you've seen too), only a few new investors, who are more analytical in nature, do this.One of the issues that I've seen again and again is new investors putting together a "spreadsheet" based on their limited understanding, that produces inaccurate or misleading numbers.

Just the nature of the business....

I might say that most of those are going to be residential in nature as well. 

And on top of not disclosing the true nature of the transactions, the borrowers were unknowingly entered into 3rd party transactions, without knowledge, consent, or recourse.

The existing number of vacation rentals are so far over those caps that anyone who gets on the wait list today will likely wait 5-10 years before they're up for a permit.I do think this is the natural progression of what is still a relatively new industry.