Quote from @Saint Kyle: I'm located in the Youngstown, OH area and I've been purchasing properties under $30k to rehab and hold for cash flow. 

Are all of your properties located in the state where you reside? 

I think you should only sell if you fundamentally no longer believe in your location or ability to operate well.

Being in its geographic location, hurricanes are not rare. 2.

This Millpond Ct property was an exciting opportunity due to its prime location in San Juan Capistrano, CA, and its untapped potential.

Not sure what the layout looks like or location - but in a solid location, which I'm assuming since it's an STR, you should be able to in the ball north of $800-1000 per room and even more so for the rooms with private baths.

For example, hotels or short-term rental properties like Airbnb often generate more income than traditional apartments, especially if the location supports it.Entitlements and Approvals: Check whether your project fits within the land’s current zoning (by-right uses) or if it will require variances or rezoning.

Vacancy is often around 5%, particularly in high-demand markets, though this can vary by location.

What is the amount you are expecting to start with and the geographic target area.

STR income will always be dependent on who I managing the property, how nice the finishes and furnishings are, and the actual location of a property within the given city.With my STR in Destin, numbers are more or less the same as last year, perhaps down just a hair.