I think most people searching in a given area are not looking to prey they are purposely looking for lodging.

There are a million other things to consider trying to do STR in a condo.

Sometimes we see large amount of equity in a primary residence that can be borrowed against, even in 2nd position if it has a great rate that you don't want to lose.  

Thankfully I have no property in NY.I loved this quote which shows just how clueless people are about housing issues:“Housing instability is at the root of so many problems facing our city, such as exacerbating homelessness and hunger, failing to meet our children’s educational needs, and undermining public safety,” said the CWTU in a statement.

I keep a mortgage on each property and own them in a couple of LLCs. 

We gave him 56k in deposits and he will not even pick up his phone or engage in a conversation.

Have your ducks in a row.

However, a lot of concerns can be mitigated with looking at their past rental behavior in a lot of different settings.

Understanding STR regulations in a market is an essential "must do" when it comes to evaluating a short term rental.

I see 3-5 as a fad.Fractional ownership - way to much overhead for these to be profitable. think "timeshare".STR in non traditional markets - running a STR is a business and real estate, boils down to location location location - who would want to go to a conference and stay in a STR vs. the hotel where the conference is at, most businesses pay for this I do not see why.Mixed use with green - this has been going on for years- it will continue but it is also more expensive to build - which means higher costs to use.Not trying to be debbie downer, I have seen these attempted to be done in the past and they really have not been successful.I do really like the BTR model though as I continue to see that as a very good option in the future.