My vacation market we are around $800 per night so the clientele is more family oriented and tend to spend most days in national parks or out adventuring.

. ~80% tended to be transient and moved on by there choice or ours. ~20% were decent and "stuck". 

The payments tend to be lower than a standard cash out refi, so if you end up in a tight cash spot, you have the flexibility to pay less for a bit until you get your bearings again. 

Marina improvements ahead of us, county jurisdiction liberties on STRs, and an upcoming golf course has really made this area go nuts!

Thought about Stainless Steel wire, but tends to sag if people put their feet on. 

When running numbers, especially on small multis more western markets with direct access to NYC tend to be more favorable from the numbers stand point and many of these towns offer 30 minutes or less taking commuting lines.

After more than a decade I have stopped BRRRR-ing a couple of years ago when the market started going nuts.

The challenge newer investors face is that overpriced properties tend to sit on the market for 60+ days and they see them all the time.

Expect higher turnover as people renting rooms tend to move.

Fourth, tenants tend to “try more stuff” with mom and pop landlords than property managers.