In DFW I think there is probably some demand for STR management. 

Also, try and reach out to the Sandbridge vacation rental companies and see if you can get on their list or radar. that would be a great way to get very steady demand in the summertime.

Rental demand in our market is off-the-chart; the shortage of properties continues to hit historical lows year-over-year.

A great location demands a higher price. 

.- Large Tenant Pool: Housing programs often have waiting lists, so demand is high.

If you’re set on condos, ensure you’re targeting areas with strong rental demand and minimal HOA restrictions.Regarding an LLC, it’s great for liability protection, but it won’t necessarily give you tax benefits unless structured strategically.

I'd recommend staying within 10-15% of the median priced home because that's where the most demand will be not only for renters but owner occupants as well. 

A vacancy could cost you $1,800 or more, so focus on areas with strong demand.7.

My goal is to build a data-driven tool that provides actionable insights into which neighborhoods and property types are in the highest demand, based on metrics like:Time on market: How quickly rentals are being leased.Property characteristics: Bedrooms, bathrooms, size, and amenities.Pricing trends: Rental rates relative to market demand and property features.Visual quality: Leveraging property photos to analyze the style and condition of rentals that perform well.The tool will allow users to:Pinpoint areas with the fastest rental turnovers.Understand what types of properties (size, price range, features) rent the quickest.Gain deeper insights into property presentation and amenities that correlate with high demand.Thank you in advance for your feedback.

It has a lot going for it from a long-term rental/cash on cash return perspective, but I’m not too sure about short term rental demand and occupancy.