When my daughter started a STR company in NYC in 2013, most bookers were people looking for rooms that were cheaper than comparable hotel rooms.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

The heaters themselves (available at the big box stores) are great and keep the unit as toasty as you could ever want it to be during the winter, and they're much less bulky compared to traditional baseboard heaters.  

So 13% interest for an unsecured loan seems good compared to the 7 - 9 % available through the peer to peer site.  

I would run a spreadheet and compare the present with the anticipated.

Hi everyone,I'm currently negotiating a real estate deal and would appreciate some advice on how favorable this offer sounds:Price: $3,170,000.0017 units50% down payment5% interest rateBalloon payment in 3 to 5 yearsThey're open to either interest-only payments or an amortized loan structureAdditionally, I'm trying to secure the best financing option available.How does this deal compare to the current market?

If it’s C or above, getting the new management company, doing any updates needed to be comparable to comps, and adjusting the price properly should correct this.

I found some properties in Myrtle Beach that were priced very reasonably, and the property taxes are way lower here compared to Austin. 

Property prices are relatively lower compared to major Canadian cities.Cons: Certain neighborhoods may have higher crime rates or lower demand for rentals.

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.