It certainly has a large dependency; you are at the mercy of that one OTA.In addition, unless you are at ideal occupancy, alternate platforms can fill some holes.  

Or maybe you fill the unit a month faster and it pays for itself.

Be sure to fill out your profile as many of us use it to try to offer better assistance.Happy Holidays!

CA has no financial capacity to fill that void, not a chance.

In addition, suncoast will charge you a 1 month rent just to get the property filled, so you are already starting off massively underwater.

Not only are they the most conistent as far clientele you're working with these areas will have the most demand from renters and owner occupants so units will fill up quickly, more times than not with higher quality clientele. 

So if lowering the rent 8% would have filled it you would have been ahead.

Generally it's a mix between (a) spec builders, the type who specialize in doing in-fill lot's (b) investors, as it is a normalized flip strategy (c) owner occupants, especially in high desire neighborhoods, who are a-ok with taking on the project and even some are excited that they get to build a new home in often old neighborhoods. 

in our area that is a real big deal.. we did another demo and left a few pieces of flooring an inspector came on our job determined they had asbestos in them and we violated taking asbestos items to the regular land fill.. that cost me 19k in fines and 18k in lawyer fees to keep the fines from being really big..

If the higher end rent prices on comparable units take an extra month to fill the vacancy and also the tenant stays 1-2 years instead of 3-4 years on average those landlord make LESS income charging that rental price ESPECIALLY if they pay a PM a placement fee upon turnover on top.