It's largely dependent on things like price competitiveness, your customer service abilities and ratings, property features, location, etc.

@Mark Adams, you are attempting to enter one of the most competitive fields of any real estate related business.  

Shop Around: Compare rates from other commercial banks, credit unions, or online lenders to find competitive offers.5.

I am living on the SE side which is ultra-competitive currently.

Competition is higher, potentially resulting in lower rental yields compared to Cleveland.

Furthermore, the heat poses elevated wildfire risk, which could partly be why in two filings with the California State’s Department of Insurance on Thursday, State Farm disclosed it is seeking a 30% rate increase for homeowners, a 36% increase for condo owners and a 52% increase for renters.No matter what side of the political divide, in my near forty years on this planet I have personally noticed local and global warming.

How is so many Erics' competition more insurmountable than that of your every day REA and Brokers?

This could make your ADR less competitive, but if marketed correctly I'm betting that people might perceive more value, which keeps occupancy at least the same.I'm thinking of a model where you tell guests they have "add-ons included" like grocery delivery, prepared breakfast package, attraction tickets, inner tubes, etc.

Nothing but competition and lack of inventory driving prices up.

I just had clients lose a home in the Denver suburbs a competitive situation reminiscent of 2021/2022.