IML has a $50 per stay fee, implying rental rates must be higher if you are looking to cashflow.

They can have a prepayment penalty and higher out of pocket costs at times as the main drawbacks.

Three reasons for wifi: to avoid wifi signalling issue, wifi power requirement is higher and cybersecurity.

After checking the Houston market, I've found that rents are typically only 30% to 50% higher than long-term rental rates, which makes rental arbitrage seem less viable.I'm wondering if these hosts might be exaggerating their profits to sell their expensive courses.

It’s just the valuation.If I don’t fight this valuation, I am paying taxes on a higher assessed value than what I bought it for a year ago (they do 5 year assessments) and it’s effectively a 40 percent increase in taxes vs 2017.

Lenders who offer this might be more selective or charge higher interest rates and fees to compensate for the increased risk.

The only scenario I could potentially see it being an issue is if you requested a full appraisal to be completed for a higher value. 

Often times these larger projects look rough, even if there shouldn't be a value problem (should as-is appraise at PP or higher) at purchase price.

Just make sure to check if the comp is primarily a STR, which might make the mid term rates look higher if that listing is not targeting mid term bookings.

In her opinion, many investors are desperate to get out of their saturated markets but are waiting for interest rates to come down since many of them had purchased back in 2021-2022 at lower rates and higher prices.