I think if you're in it for the money, location in a decent sized metro with a lot of transient work force would be key.

This will force investors who are set on the STR thing to move their business - and their money - elsewhere.

They just looking to bleed the investors so they are forced to sell.

To answer your question about maximizing profitability: I choose to invest for equity and forced appreciation.

Best part is 1-2 years a refinance will make our numbers look even better and we are seeing our home increase in value because of both the forced appreciation via rehab and being in a growing market.If not married, I would have chose area first based on rentability.

If I switch from blinds to rods, would I a) provide receipts for the rods and deduct in full - receipt furnished to tenant,  2) deduct cost of blinds as priced today but receipt would be for curtain rods, 3) deduct cost of blinds as outlined in the lease but provide receipt for curtain rods (explanation and receipt furnished) 4)  be forced to replace using the same blinds that were installed when tenant arrived n order to deduct. 

You will be forced to solve problems and get scrappy which will carry through all the next phases.Then, I would see if I could possibly start with an addition, garage build or other small and simple structure for your first ground up -- I started with a 250 sqft master suite addition.

He had done this to force out his old cell mate who was staying there 'working', I guess the dynamic between them had begun to break down.

This forces them to leave a professional message.

There is a space for C and in some cases even D class tenants. 3.