As you may be aware, the City of Asheville (about 2/3 of Asheville is in city limits; the rest is under county jurisdiction) has had strict STR regulations in place since 2016.

i have much higher expenses and more headaches of course, but cash flow is higher.most major tier 1 or tier 2 cities should have significant enough rental demand to be able to implement this strategy pretty successfully. 

Just for context, being from the area, that is one of the worst inner city areas in Greater Cincinnati.

How long will you go without hot water before withholding rent, calling the city or just moving out?

Also in Touristic cities like Paris there is a competition among tenants to get the LTR  appartment.

I live in the city and have a freakish map of it in my head that my wife is still shocked by when she gives me an address ("2100 block of _______Ave.?"

For the areas of interest (you are local so I'll say suburbs west of City Line Avenue) there are few and far between -and- have many investors sitting on large sums of cash to jump on anything that comes up (where I would be navigating a reverse 1031.) 

What city/market is the property in? 

Most cities don’t want a mobile home park in their city limits because the tenants take more money out of the tax system than they contribute.

Of course I am partial to Kansas City.