In essence just cold shoulder a struggling newbie and wait for them to fall through on the contract?

@Galen Crofut - We have a rental on Beach Road that we rent out on AirBnB in the shoulder-season and off-season, and directly during the summer season.

In between you will have shoulder seasons where you will have someone to moderate traffic. using a dynamic pricing tool that is active in your area, such as pricelabs or wheelhouse or Beyond pricing, will help you maximize your Revenue without trying to maximize occupancy every part of the year and the week go into the future.

It sounds like you’ve got the insurance piece locked up so - unless you are counting on a significant portion of your income coming outside of high/shoulder season - your numbers make sense to me from an income perspective.

Amy -  I think if you find the right home, it could definitely pay for itself by renting it out in the summer months and the shoulder seasons (spring, fall).  

@Brandon O'LearyMost homes in OBX will not cash flow, if you are looking for a place to rent during the crazy summer to pay for itself and the use during off or shoulder season it’s a great place to be, if you are loooking for a place that will cash flow and provide you monthly income - not the place to beToo much gets eaten up in PM fees and maintenance.

If Wyoming ever becomes too restrictive for you, there are quite a few states in Mexico that might still fit your view of the world @Nathan GesnerI'm not for restrictions or people looking over our shoulder either, just thinking ahead for our guest's sake.

And by the way, if 8.5% rate is such a chip on your shoulder, then simply don't do 8.5%, do 6%, or 5%.     

We have pretty decent shoulder seasons as well though - April, May and September, October.  

I'm shrugging my shoulders, the numbers are average and you are definitely on the receiving end of a flip.