Most of what I have examined if the past 6 months is garbage.1. 

The best way currently to evaluate good vs bad areas for STR licensing is to periodically request the data from the city and examine it over time.

If we examine the kind of returns such as double-digit IRR's....sometimes in the 20's, 7-8% pref returns and an equity multiple approaching 2.0 within 4-6 years, is that not just as good or better than what can be expected from a very good directly owned property?

No matter what location you decide to invest in, I believe its always a good idea to examine and learn the market before any serious transactions occur!

</p>In 2011, the Frank Hawkins Kenan Institute of Private Enterprise at the University of North Carolina at Chapel Hill completed an economic impact study on Harrah's, examining the effects of the project over a decade after it opened.

DJ,,  As several have mentioned above - "intent to use for productive use in business, trade, or for investment" is the key to whether your exchange will be he held if examined.  

I have the name of a few title examiners if you want.

I am trying to find one that can examine the cities in each state to determine the need for rentals/population growth/economy etc.

Aloha,Closely examine all areas of the house for hidden, slow, water leaks.

The motivations for doing this are many, but one that is extremely important, but almost never mentioned here is how Bank Examiners view our portfolio risk.