The only way to 100% verify is to cut a 2' x 2' patch of drywall in the suspect area and see what it looks like.

.- the 3 local need a lot of work, she has been cutting rent due to not having updated flooring, appliances, etc.

I’ve had properties that were empty and vacant and the water was cut off.  

It's unfortunate but this is a hard business some times people just can't cut it even if they've had some success before.

I'll definitely keep an eye on that and maybe put a little sealant around the edges.

STRs are a double edged sword, and while I understand the concern about affordable housing, it's actually the tax dollars from the STRs that fund the affordable housing communities on our island.

And when they cut rates, the demand should increase as people who could afford to wait enter the market to either trade or to stop renting. 

Just to add my two cents, I think the most important aspect to be a successful investor, in any market, is to have an excellent team in place that will help cut your learning curve significantly, help you to quickly identify the prime areas to invest in that market and manage your properties effectively!  

My taxes are fairly detailed and comprehensive, definitely not cheap.When I wouldn’t get a response back, yet they were responding quickly to posts here in BP, I had to cut my ties.Best to you

FED cannot avoid cutting rates they dropped in December and January and a CPI index report crushed everything that was really all hedged data.