The location is prime—adjacent to a college that has experienced 37% population growth over the past five years.

In other words when dunkin donuts decides to close a location, you are able to release it quickly. 

Hello and good day Tenant, We are writing to remind you that your current lease for the property located at _______________ is set to expire on December 31st, 20XX.

If you bank your timeshare (I use RCI) or there is  Interval International, two of the largest ones)  then you can reserve a timeshare at a more popular, in demand location.  

One hurdle you may have depending on location is zoning approval.

Location is a huge factor in pricing and even though your home was renovated nicely, $300 more than the top average is significant. 

Would love to hear from the community on tips to get started and best locations to find my first property.

Obviously some property types and locations are doing better than others. 

There are a lot of owners that have great purchase prices and 3 to 4% Interest rates that bought 5, 10 or more years ago.If you want to jump into the STR market game now in competitive markets you better run your numbers conservatively and you need an appealing location and property to be competitive. 

If you do a 200 unit minimum A location it will be worth at least $1mm more than cost on day one with no occupants.