I think more and more guests are worried about bad vacation rental horror stories just like hosts are worried about bad guests.  

It is important to look for locations with strong economic growth, rising demand for housing, employment, vacation and infrastructure developments, as well as properties that offer the potential for value appreciation or steady cash flow.

He would keep texting even during our vacation.

You will be required to honor them or make the tenants a deal/ buy them out if you want them to vacate before their lease is up. 

Pretty much instead of you looking for someone to run your STR, it's a company looking for you because your property is in a vacation area, or they realize it has great potential as a STR.

In times of economic stress, people may not choose to vacation in Las Vegas.

We will have the home as a vacation rental. 

They vacated the property the day before closing, and everything came together smoothly!

Biggest mistake I see is going to vacation and then half of the 45 day ID period days are gone or an investor looking for a (deal of the century and not being realistic).

Therefore Bill & Jane's vacation house in the Hamptoms or the ABC Company tenant 10,000 SF commercial build out is ahead of your development.Robert- If you do have the correct Architect for your project, then the problem is: they aren't incentivized to change anything.