I upgraded to premium listing on Zillow rentals.

One challenge to manage is being able to clarify for lenders on those rentals (if you have them) which amount of the premium should be paid for each rental so that they do not include the entire premium into their escrow analysis, inflating your monthly payment on that rental. 

But if you buy the property well, your downside risk is that it is short term rentals don't work, and you can simply sell it for hopefully no less than what you paid.That would be my mindset.

SO expect to pay a premium based on what the potential value of the building can be once maximized and stabilized.

Your decision to lease this property for short periods is what makes this a short term rental property, not the property itself.

Upgrades included modern interiors, smart home features, and premium amenities to attract high-end vacation renters"

Set aside a big pile of cash or rely on a line of credit you won't be using.The oversimplified insurance concept is to pay a small premium to cover a large loss.

Based on the fact that new construction is currently at a relatively low premium when compared to existing construction, I think this strategy might be a good option.

.: Does anyone have any information about the short term rental market in Kyle Texas?

I've been doing some studying on short sales but still working to understand it better.