I think the customer service, amenities, and ability to make the stay stress-free for the guest are the biggest advantages once you are booked.

Appreciation with the Fed actively trying to push rates downward?

As mentioned in the original comment, I believe many of these properties will shift back to long-term rentals or single-family homes.In North Georgia, where I’m located, we’ve seen significant changes in our two most popular STR markets—Fannin (Blue Ridge) and Gilmer (Ellijay) counties—with nearly 1,000 active listings, a 42% increase from 2023.

The city also enjoys consistent annual population growth and ongoing large business activity/investment.  

Any advice on how to make this process as stress-free as possible, would be greatly appreciated!

I wanted to let you know that I have security cameras installed around my property, which allow me to monitor activity, including the tenant’s comings and goings.

Advantages: No monthly payments, which relieves immediate cash flow pressure.

Also, because this appraisal is more work for the appraiser and causes them more stress, 80% of the time these ARV based appraisals are running 1-2 weeks later than the turn-in deadline.

I appreciate everyone's contribution to the concern, however a few had me much more stressed than needed!!   

They have a lot of training available for things like prompts, activities, tracking for renewals, etc.