Some have found that to be popular and guests bring the basket up often in reviews or privately. 

Indy is a popular market.  

As someone actively investing in STRs and looking to scale, this raises some concerns for me about the long-term viability of this strategy.I understand the tension between hotels and STRs, especially in popular tourist destinations, but I’m curious:How real is this threat?

It’s a very popular market for out-of-state investors.

This metric became popular post GFC, when properties with a 1% rent to value ratio were fairly easy to find.  

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Fire pit with string lights is very popular.

I kind of doubt it since Airbnb isn't that popular in these parts. 

I would check with Dennis Kahn at Homestead Mortgage or another popular mortgage broker here, Zach Starnes or there are several other lenders that can re-fi off appraised value much sooner than 1 yr.

As the popularity grows and people become more nomadic, I think we're going to see more and more of this.