But a good indicator of whether or not they are allowed, is if there are any listings in that area on ABB, which there were none of.If you're not set on the Canyon, there are options, but otherwise the cost to purchase + outfitting the units + the STR saturation in our market make it harder and harder to turn a profit.

Everything is overpriced and the market is saturated with buyers. 

Be advised, the HOA's have the final power though, so no matter what the city, state, county allows, the HOA can one day vote to ban them and not much you can do in those situations...except convert it to a regular rental...but of course there are rules there as well around rental saturation within communities.   

Completely biased as I have lived in and worked in Chicago my whole life, but I think Chicago is a great place to invest, with that being said the downtown area is super saturated and is struggling to fill vacancy as there are tons of new rental buildings being built and offering free months to get renters. 

This is what I will say about Propelio, since it’s expanded, it’s gotten a little more saturated.

This will give you an idea if the market is under or over saturated.

I wouldn't mind going out a bit further if all the areas mentioned above are too saturated with competition.

We were not willing to take the risk on as Syracuse is very saturated with storage at this time with more facilities being built (you can look this up on Radius+).

Maybe the market will change, I see it as being saturated for now. 

You will need to search for off-market opportunities as the MLS is "saturated".