That could be achieved without spending an inordinate additional amount in cap ex; In fact all I have seen had these items in common1.

Regarding insurance adding additional umbrella insurance is great idea. 

Close to a cool little town, close to an area attraction, etc....Also do a search here and see how to screen guests, in addition to what the hosting sites do.... like no last minute bookings, no short stays....

These are professionals with additional training and a stricter code of ethics.

All this in addition to 6 other lease violations... 

Thanks for any additional input you have time to put forth. 

This practice also frees up more money for lenders to use to fund additional mortgages.In "non-conforming loan" world, anything goes.

Additionally, the price point is still cheap enough to find the 1% rule and positive cash flow and there's amazing appreciation potential.

Unless the borrower is self employed and takes a lot of expenses to show lower income on their returns then it usually makes sense to pay a couple thousand a year in higher interest (you can pay like 4,000 a year in additional interest for DSCR if you are saving 30+k on your tax bill kind of math lol)

Additionally, the STR market is quite oversaturated right now as well