Continuing with the example above the government then decided to provide an alternative to setting the building ablaze.  

EXAMPLE: Had an applicant several years ago.

I would touch up the walls and make the place feel as fresh as possible for showings.

Also I am not following as an example:1.

For example, suppose they charged $100 for a fee in 2023 and they found through audit it should have been $500.

For example, they let in the program essentially anyone who pays.

In that example, I was imagining that the investor made upgrades and improvements AFTER closing, either with their own funds, a personal loan, credit cards, etc.  

The cost of an water heater replacement for example is close to the same regardless of price range of rent or property value.

For example, Bali’s real estate market has attracted interest from international investors due to its growing tourism industry and development potential.

Many are using Orlando and the surrounding area as an example of why STRs are no longer viable.Most of us know that the greater Orlando area is super saturated and that the main money makers are the huge places that sleep 20+ with incredible themeing in just about every room.There are plenty of areas in the USA that can support great returns but like any real estate purchase, you need to do your due diligence.