True, but (a) they were typically experienced investors, and (b) today's market includes record prices and high mortgage rates, which is a double whammy. 

Include a sweet outdoor area maybe with a pergola, jacuzzi feature.

In the pitch I include just a couple of my projects from the last year as a reference to my experience. 

If not, I have included an article below that sheds light. 

@Bryan Stengel, I think alcohol has been the tough one with the STRs, not sure about if you need license( hopefully someone will chip in ) , however there  always the liability part including but not limited to offering alcohol to people who are trying to quit etc.

Go to GET STARTED > EVENTS AND MEETUPS at the top of your screen.

This included modernizing the kitchen with high-end appliances, upgrading bathrooms with spa-like features, and adding hardwood floors for a luxury feel Lessons learned?

Worth is the DFW Real Estate Investors Club...normally 2-3 hours including breakfast. 

@Julie Garner This contractor texted me after I received the quote to let me know that materials are included.

Boot includes any cash retained or the difference if the replacement property is of lower value than the relinquished property.