If you're not in the area and can't do this, maybe negotiate a flat fee.

There seems to be a strong desire to embrace and maintain the ethnic/cultural character of this neighborhood and precluding predicted gentrification in the area with the development of the MetroHealth complex. 

Best,JacksonUsing ChatGPT-generated responses adds no value to a discussion of Colorado STRs but more importantly ... much of this is flat-out incorrect information.First off, it's laughable that "Breckenridge" would be proposed as an option for a first-time investor.

@Greg Weik I think more expensive is dependent on rent amount since they charge a flat rate, right? 

The forward treasury curve suggests that the Fed needs to decrease the fed funds rate 200-250 basis points from Sep-24 to Dec-25 for us treasury (and mortgage rates) to stay flat to where they are (i.e., us treasury (and mortgage rates) have already priced in future Fed expectations and mortgage rates will go up or down if the Fed cuts less or more than 200-250 basis points). 

Many of the software just flat won't work otherwise!

Your set in notion that all doing STR would not consider anything less, doing arbitrage, your flat wrong.

National vacancy rates have remained flat in the first half of 2024, following a 90-basis-point increase last year, with major metro areas showing particular resilience.

I am still working through finding a good lender, of the many i have talked to only one so far hasn't flat out told me no.

Also look at LOCAL areas to invest in, and in what (single family homes, three-flats, etc.).