If suddenly, you lose your job, rents decline in your area due to X/Y/Z (I know many in AZ whose STRs have plummeted, so if you underwrote your purchases on razor thin margins in the past 4 year bubble..."

There were an estimated 800 STRs operating in the township before the ordinance and based on a surge of new properties for sale, some of those operators are getting out. 

No surge panel is installed in the electrical panel. 

There are areas that are still hot and others that are theoretically cooling off, but no sudden dips yet.

This continued for about 4 or 5 months then, suddenly and without warning, they were gone.

.- Buying that first STR property in a “hot” vacation market that isn’t local therefore seems like one of the highest risk investments one can possibly make.I will not be surprised to see pain in several similar markets around the country, perhaps including certain desert locations that surged in popularity, certain lake areas, and the pain may extend to even areas like CO mountain towns, despite the fact that unlike the smokies, people do travel from all around the world and country to get there.

Even though numbers are not that bad why display them all of a sudden? 

Whether we stay oil based overseas or go Green  the U.S. is stuck either path we take to sudden economic surges.  

The San Francisco Bay Area housing shortage has prompted a lot of homeowners and investors to add Accessory Dwelling Units (ADUs) to their properties. A Stanford study revealed that over 75% of the ADUs built in San J...

But fixture leaks don't suddenly create a huge water leak.