Electric, gas, water, sewer, data/telco, and storm.3.

I would recommend testing multiple different scenarios though.

Quote from @Zachary Luchs: I am merely just testing the waters to see where everyone is investing.

If you were to venture into STR I would suggest starting with one to test the market and see if it is something you would like to continue to expand into. 

This structure, if the data I'm finding is true, is unsurvivable if the market moves against them.

For example, in AZ per flexMLS data, the rise in the number of rentals has increased from 2,000 units on 1/1/24 to nearly 4,300 listings, not counting the explosion in supply FS on the MLS.

.- Married couples filing jointly can exclude up to $500,000 of capital gains.Conditions for Exclusion:- Ownership and Use Test: You must have owned the property and lived in it as your primary residence for at least two out of the last five years before the sale.- Frequency: You cannot have excluded the gain from the sale of another home in the two years before the sale of this property.For a duplex where you occupy one unit and rent out the other, the rules are slightly different:- Owner-Occupied Unit: The portion of the property you lived in qualifies for the exclusion, provided you meet the ownership and use test.- Rental Unit: The portion of the property that was rented out does not qualify for the full exclusion but can benefit from partial exclusion based on the proportion of time you lived in the property.

If you can do conventional you do not have this test (but talk to a lender to be sure and get your specific situation). 

Never heard about this company before, but they claim to use raw data from Airbnb, and frankly I found them to be more accurate than Airdna.

And if anyone has data on what different rehab costs run for in the Cleveland area that would be greatly appreciated!