The technology is there, but it is hard to find hvac installers in Chicago who "get it" since heat pumps are not common here yet. 

@Kevin ForsellThis is a contrary opinion but I would in 2024, with the technology we have accessible, investing OOS is totally doable.  

By partnering with local businesses, offering flexible leasing options, and leveraging technology, these strategies can attract potential tenants and maximize the ROI on properties, even in a competitive market.Good luck!

Technology has gotten better and REI Reply is ahead of the class.

Hahah most of the time if you ask "are you looking for someone local so that you can go knock on their door when things go wrong" it's a lighthearted way of saying in our technological age location probably isn't as important as the other aspects.

This could significantly increase competition.Technology RequirementKeeping vacancy costs low and high guest satisfaction high will depend upon the proper use of technology.

Interesting article about how the STR market may be doing nation wide.https://timesofindia.indiatimes.com/technology/tech-news/airbnb-may-have-just-told-the-worst-that-many-have-been-fearing-about-the-us/articleshow/112363488.cms

The rain refresh has the new technology feature where water and dirt sort of just fall off of it, making it self cleaning for the most part. 

My degree is in Information Technology.

To maximize investment, research market dynamics, neighborhoods, property values, rental rates, and leverage technology.