I'm shopping lenders right now.

There is an old joke: you don't have to run faster than the bear, just faster than your friend.There are hundreds of leases signed every week, your apartment needs to be more attractive than 50% of what's out there and it will be rented quickly.So you'll have to do some mystery shopping and (ideally) physically look at your competition.

What are the top amenities in the area for the high performing STRs?

Also @Tim Phillips something to be aware of in FL, all condos older than 30 years and taller than 3 stories are required to have a "Structural Integrity Reserve Study" performed before the end of this year.

Also, buy the properties that you would want to own the most 10 years from now...not the best year 1 cash flow performer.

A lot of how a property manager performs will be how nice your property is, how realistic your rent amount is and the area the property is located. 

This is especially important for those looking to scale their short-term rental portfolio.Property Appreciation: As short-term rentals continue to perform well, properties in popular neighborhoods are seeing strong appreciation.

They generally do not do this because either they are not aware of the changes or the loan is seasoned and performing so they are deliberately turning a blind eye.

In 2024, back-to-school and back-to-college spending has dropped as consumers adopt a more cautious approach following the pandemic surge. The National Retail Federation (NRF) reports declines of 6.5% in back-to-schoo...

You can pursue a judgement against the property owner for non performance under the loan agreement terms which would come up on a title report when they go to sell or refinance the property since a judgment search would be completed against the seller but that takes time and money.