Investment also spiked in Class A Short-Term Rentals (STR) and investors started paying higher and higher prices based upon anticipated STR rental rates, that exceeded sustainability based upon Long-Term Rental rates (LTR).

I think you could reasonably expect 60% occupied if you price it right, maybe higher. 

That makes sense that you are 1.5X in Denver @Luke Stewart, is your vacancy quite a bit higher in the summer? 

A late fee in Maryland cannot exceed $5 or up to 10% of the monthly rate, whichever is higher, and no more than three (3) late fees may be charged in a single amount.

And I would probably look at the smaller houses where you can keep your unit costs down but still rent them at a higher price point relatively speaking.

When I'm submitting a bid for a home purchase, I'm always estimating on a higher cost for rehabs.

If the estimates are higher or pick up things I didn't think of I can either back out of the deal or renegotiate based on inspection items. 

The market has softened as a result of higher prices and higher interest rates.Jobs in the zip code are mainly in the services sector, including retail, hotels, restaurants and entertainment and some light manufacturing.

Make sure the unit has STR hazard and your liability is $1M or higher and you will be good to go!

Sure, the rates might be a bit higher, but for investors who need to move fast—especially in this market—the flexibility is worth it.Another trend we’ve seen is a shift in focus from appreciation to cash flow.