There will always be demand in the market (it's not like some covid markets that could disappear as vacation destinations almost entirely over the next decade), and the regulation risk is as near to zero as you can get in this industry so long as you buy in the approved tourist zones (again, compared to some smaller/less mature markets where they could outlaw STRs tomorrow).For short period cash flow there are better options. 

Again, other might feel differently here.b) Skin in the game: as a conservative investor, I understand that the dirty secret of industries that the waterfall compensation is in the line with me and incentivizes sponsors to take more risk.

Conventional loans are available all day long for rental properties, so long as the property is residential (1-4 unit) and not commercial (5+ units, retail, industrial, etc).

I've been around the tech industry since the mid-1990's so when Bitcoin first started to gain a little traction I had a lot of tech friends who would try to evangelize to me about it.  

Where these numbers are found, there is a very high rate of rent actually being paid.We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, and mortgage industry National footprints.

That depends on what I am starting with capital wise, family wise, and intentions.If I'm a regular joe believing the ******** BP and other areas state of FI in 5 years with REI I take a chill pill and start buying in an area that's showing promise(already changing) in a city that's growing(industry, population wise) that's free from natural disaster risk(as best as I could).

It is very common in this industry since there is a lack of regulations on business purpose loans. 

Labor shortages have hit that industry just like everything else, so finding reliable, trustworthy, quality cleaners is a challenge everyone is facing.

@Liam AlvarezI’ll be a contrarian here.After 46 years in the industry, both as a SFR broker & investor and now as a MF operator with over 1000 units as a general partner…..The best market to invest in is the market YOU KNOW BEST.

Where these numbers are found, there is a very high rate of rent actually being paid.We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, and mortgage industry National footprints.