@Peter Fuentes Post-covid times can be a big factor with the market specially when the eviction ban lifts.

How often do they have special assessment, do they have good reserves, will they change the rules to limit or ban rentals?  

That's 50% CAC return.

I had one that I ended up evicting as soon as the ban was lifted (I'm not in the US). 

The bad thing is Cathedral City requires permits to have a short term rental and they plan on banning them in 2023.

PLEASE DON’T WAIT.LD 1255, introduced by Portland Representative Grayson Lookner, mandates that once the Governor’s Pandemic Emergency Declaration expires, most for-cause evictions are banned for ninety days.It specifically and by name or number bans evictions for:Rental defaultExpiration of leaseTenant causing substantial damage to property – 14 MRS § 6002(1)(A)Tenant causing a nuisance-at-law or causing the property to become unfit for habitation – 14 MRS § 6002(1)(B)Tenant is a perpetrator of domestic violence, sexual assault or stalking against another tenant – 14 MRS § 6002(1)(D)Tenant or guest threatens or commits violence, threatens violence or sexual assault against a tenant, guest, landlord or landlord’s agent – 14 MRS § 6002(1)(E)Person is an unauthorized squatter – 14 MRS § 6002(1)(F)We suggest you tell your legislators:“Right now, during the emergency, my tenants are protected, under law, from bad tenants.

My good friends who are successful STR’ers have the theory that it’s the big money from hotels that are lobbying in certain areas to ban STR’s.

Many cities are banning STR so look up planning commission hearings pending and past.

Puerto Rico Condominium Act 129-2020 passed in Aug 2020 prohibited HOA / Condo associations from banning STR unless the master lease/bylaws expressly prohibit STR. 

I've done some research online about the CDC Moratorium on Evictions and understand the federal government has extended the moratorium one more month - to end on July 31st instead of June 30th, 2021.I've also read that the Texas Legislature has basically decided to no longer enforce the federal ban on evictions and that Justice of the Peace courts can NOW proceed with evictions for non payment of rent.