Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.

It has grown in popularity but still has opportunities in various towns/locations depending on what you're seeking in style/returns/etc.

My main goal is to identify an opportunity that can be scaled from a couple of spots to a dozen, to several dozen eventually without the need to completely re-design or re-engineer the layout without respect to providing utilities. 

Indy is actually a rather popular city for guests looking to staying at a STR.

I was always surprised at its popularity despite a bold baby proofing motif.

I have quite a few clients who self manage their vacation rentals from the mainland.Here is info directly off state of Hawaii website pertaining to vacation rentals (bold in mine):  If you’re off-island, you’ll need to designate a local contact who resides on the same island as the transient accommodation.

In the Phoenix, AZ market Ceiling Fans are very popular and definitely increase the desirability of a property.

It also might not qualify for some popular second home loan products.Lastly, it’s important to note that this COA is currently undergoing assessments for renovations, which may influence purchase prices.If you’d like a list of all the properties for sale here, please let me know!

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

After doing some initial research, Avail and Innago appears to be very popular Landlord software programs.