Of course, a tenant flushing action figures down the toilet and allowing their kid to color all over the walls is always a possibility.Like-minded professionals: meetups and REIA groups.  

Maybe I am on the wrong side, I do not know but our risk is viewed differently and more importantly our reward timelines are very, very different.White collar jobless claims up, but we need to see not blue but retail get trimmed a bit.

Welcome to the Taxation Gray Area club! 

If for some reason you need to rely on regular adverse possession instead of tax sale short statute of limitations, it requires ten years of possession after color of title.

Looking at AirDNA results, my biggest concern is occupancy rates, most of the calendars I look at have large gaps in them, and when you spend close to $500/sq. ft at current prices (in STR-designated areas), your property needs to rent well above 80% or you charge crazy nightly rates.We've also seen very few property management companies that charge less than 25% there (and 25% is rare), and some STR neighborhoods require you to use their designated PM (Desert Colors only allows Red Rock, and they are at 40% commissions - ouch!).

As far as colors to pick, what floors, and what’s trendy looking. 

In the mid-2000’s Robert Helms and Russell Gray ran a real estate club in Los Angeles that required you to take a series of classes before joining.

If this were my unit I would change all of those white switch covers over to switch covers that we're very close to the paneling color so they blend in rather than stand out. 

Why buy the real estate equivalent of a penny stock when you can afford to buy blue chip aristocrat dividend stocks (Class A multifamily properties in good locations with actual strong fundamentals like population growth, a diverse and recession-resistant job market, limited supply and high demand, affordability, and consistent long-term appreciation)?

@Franck ArmandIf you are considering STR's, you may want to look at areas in the Blue Ridge Mountains.