Short term it is difficult to make the numbers work, the cost of new construction and the time it takes to zone-plan-build are usually the main reasons why private investors stay clear.

With the fires, labor and materials are going to be in short supply.

Even if I were to rent it out on Airbnb, the cash-on-cash return isn't very attractive.Specifically, I’m concerned about:High mortgage payments and the financial strain it could cause if the property doesn't generate sufficient cash flow.Cash-on-cash return is low, even with high-revenue short-term rentals.My Questions:Risk Mitigation:Any strategies I can use to mitigate the risks associated with owning a high-value property with a large mortgage?

If the tenant's concern is that their credit score would take a short-term hit from the credit report, then I think it is a legit concern (if their credit is slightly less than what it would be when they're trying to apply for new rentals, for example).

It's disappointing that you can't make it work with short-term rentals, as that should be much easier.

Here’s how I approach niching down to a specific audience:Analyze Your Market DemographicsStart by researching your market to identify who is booking short-term rentals in your area.

A short term CD or something like that.

Start by leveraging what you already have—consider tapping into equity through a HELOC, house hacking again with an FHA loan, or increasing cash flow by converting a unit to a short-term rental.

BTW - AirBNB is a platform where you list your Short Term Rental.

No...there are many reasons why installing it over the carpet will prove to be a nightmare in a relatively short period.