Of equal importance is to make sure that you have enough cash to pay for renovations to make it appear new and modern and including adding a game room and/or movie theater and themed kids bedrooms. 

(Atheist)The guy who shot up the movie theater in Colorado?

After attending a meeting last evening, the LASTRA - Los Angeles Short Term Rental Alliance, we are going to aggresively lobby the city of LA as we don't want our city to place regulations based on any one entity be it AB&B, VRBO, etc. 

If you were wanting to get into vacation property, which I know nothing about, I'd suspect you would want something that offers a spectacular view and close proximity to city activity (Fox theater, Washington St, Soulard, Arch, Busch Stadium/Ballpark Village, Savvis Center, etc.).

I donate to the lobbying effort to keep Washington State laws landlord friendly.

We also lobbied at the capitol in 2016.  

These apartments include gaming rooms, workout rooms, 50+ person movie theater, etc.  

One down town complex that just opened has a theater, bar, meeting/study rooms, wifi, exercise room, pool, coffee/sandwich shop.....can't think of everything but there is more.Funds come from economic development programs and banks, tax credits are involved so the financing at this scale is more sophisticated than small projects.

For which I applaud them, and I have actually begun some quiet lobbying to get the same standard applied in my state.Basically it appears to me that in order to wholesale in Ohio, you have to close first, then begin marketing.  

So….that was 2001 for that bill…OK great..but…the law still did not address lease options….so fast fwd to 2005 and enter the Texas low income housing group with of course the ties to Acorn and they lobby Dutton from Houston and Lucio from Harlingen to introduce legislation that will protect the Mexicans that were coming up here with cash that are getting taken advantage of with corrupt real estate dealings.So they introduce HB 1823 and SB 629.