What the model does help with then is understanding which ones are my returns most sensitive to.

The lower the income level of the area the more price sensitive they are.  

Plenty of experience preparing multi state returns and handling things of that nature.

As you may know being local, SB249 is the bill that came up as a defense against towns like North Conway trying to shut down STRs, but it ended up in zombie state due to the sheer nature of diametrically opposed views on the matter and Governor Sununu’s push to do better than what the bill ended up proposing.Some details here: https://legiscan.com/NH/bill/SB249/2022As with all areas in New England I encourage investors to start thinking of oversaturated STRs markets as expense offset versus cash flow properties.

As a resident of the Gulf Coast of Florida (Bradenton) we just witnessed the strength of Mother Nature with the most recent passing of Hurricane Helene in the Gulf.

Lake Coeur d'Alene is a natural deep water mountain lake with an average depth of 125 feet.

Bakersfield is also massive with nothing naturally stopping outward sprawl.

The nature of the remodel would make it somewhat hard to inspect if it was done right without being removed.

@JayHinrichs, you are correct that there are above 8000 members in Subto and with that some sort of dilutive nature based on the sheer size and interactions.

Being a natural cynic, it takes work to find the positive.