Hi @Sumit B.To start off, Cape Coral does have a 7 day rental minimum, however, this is an ordinance that pre-dates the STR industry and was originally targeting transient housing. 

@Guenevere F. you're going to need 20-25% down to get a mortgage.If you target $100k, that won't leave you any funds for closing cost, maintenance or emergency reserves.You could try targeting around $80k, but the $16k-$20k down payment would still not leave you with enough.If you buy under $80k, you're probably buying such a low-end property that it is unlikely to meet your performance expectations.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

The gross yield is only 7-8%, I target 12%-16% here in FL and find it often.

I was recently listening to a podcast and in this particular episode, the investor targeted CoC of >5%.

The real trick is making sure you’ve got a handle on who’s active in your target area.

Considering a mix of long and short term rentals, with the STR’s being non-traditional structures targeting glamping clientele.

SEO optimization with targeted keywords can significantly boost visibility across these platforms.Strong photos and virtual tours tend to convert leads more effectively - tools like Asteroom or Sphere.app let you create these yourself.

Is this syndicator hitting targets or not?  

Law enforcement is now targeting third parties involved in “cooking the books” that “force by fraud” qualify clients for Covid-19 relief.