I have properties in the Buffalo area (a mix of long term and short term) but was looking into Syracuse also, so would be interested to hear the responses.  

It can be a positive for short term rentals (if in a good area) to be near the airport.

. - Are most of your loans short-term/interest-only, or are they more complex (e.g., longer-term, amortized, require escrow, commonly modified b/c of prepayments, etc.)? 

Any thoughts or investor leads are greatly appreciated!

@Federico Dallo you mentioning vacation-type locations leads me to guess that you may want to use the property yourself occassionlly?

The bullet in the response that is standing out to me is:"(7) The accessory dwelling shall not be a short-term residential rental, as defined by City Code section 3-2-152(a)(2), for a period exceeding 120 days per calendar year."

I've owned long term, short term and commercial (industrial) properties in the past, but never anything out of Province/State.Thanks so much!

I have some rental property back in Atlanta, and have been wanting to get into short-term rentals through Airbnb for years. 

A lot of people tend to mingle these things when they talk about "break even" or "cap rate", but that leads to a lot of confusion.Let's use some real numbers which may be easier to understand. 

Those are some amazing #’s in that short period of time.