Carnegie Mellon creates “$2.7 billion in economic impact each year”.

Many of also argued that forcing out many STR's will impact our tourism revenues, which we're very dependent on, as many travelers won't come here if they have to stay in a hotel.

@Mark Lee this is a team that I have used multiple times and like it was mentioned, they don't have to be anywhere near you.

It’s designed for small businesses and landlords, allowing you to create multiple accounts for rent deposits, maintenance, and taxes.

In regards to the valuation of the property what impact will this have and when do you know when its time to sell?

Ours are very simple boxes and we get economies of scale since we build multiple houses at once. hope that helps  

My coach suggested (and I implemented) a "must do tracker"....it's a color coded spreadsheet (I like to print multiple copies and keep them on a clipboard to stay in my sight/top of mind). 

Not calculating your basis properly between building and land, which impacts depreciation. 2.

Always get multiple lenders working for you in the due diligence process!

@Melissa SejourRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?