Your market competition will give you an idea of the value experience you can bring to your guests. 

Tailoring renovations to these demographics can maximize appeal and marketability.Comparative Analysis with Surrounding Zip Codes43613 and 43615: These areas, with higher median incomes, might offer opportunities for higher-end flips but may also face stronger competition and higher property costs.43606 and 43608: While the potential exists, these zip codes may not experience the same level of market appreciation as 43620, which could affect profit margins.Strategic RecommendationsInvestment Focus in 43620Cost-Effective Renovations: Focus on upgrades that enhance fundamental property values, such as kitchen and bathroom remodels and improvements in curb appeal.

Nowadays we mostly invest in commercial because it’s less competitive than the residential market and more lucrative if you are creative. 

Maybe this topic has already been covered in this forum; please feel free to direct me to the previous posts.BRRRR deals are definitely not easy to find in Memphis TN because of the amount of competition in the area.

It will help us assess where the "bar" is in terms of competition and what consumers are looking for on the platform.

My concern with Columbus is it reminds me a bit of Memphis TN a few years ago where it was flooded with investors and nearly all homes were out of state investor owned leading to a lot of competition to market rentals to tenants, and lower home appreciation as a result. 

Good for me since I have much less competition.

if you need to rent it for some of the 28 days are you in competition with the hotel for patrons? 

Competition is stiff for the nicer houses/condos and rentable commercial properties.

There is also nothing stopping you from exploring aparment rentals as a rental prospect and see what the competition looks like.